Home/Filings/4/0001157523-07-005666
4//SEC Filing

OMI CORP/M I 4

Accession 0001157523-07-005666

CIK 0001061571operating

Filed

May 28, 8:00 PM ET

Accepted

May 29, 6:17 PM ET

Size

7.1 KB

Accession

0001157523-07-005666

Insider Transaction Report

Form 4
Period: 2007-05-25
Transactions
  • Disposition to Issuer

    Stock Option (right to buy)

    2007-05-25$25.32/sh30,000$759,6000 total
    Exercise: $3.93Exp: 2012-04-03Common Stock (30,000 underlying)
  • Disposition from Tender

    Common Stock

    2007-05-25$29.25/sh51,722$1,512,8690 total
Footnotes (2)
  • [F1]Figure includes 39,960 restricted shares.
  • [F2]This option was canceled pursuant to the terms of the Transaction Agreement among Teekay Shipping Corporation, A/S Dampskibsselskabet Torm, Omaha, Inc. and OMI Corporation in exchange for a cash payment representing the difference between the exercise price of the option and $29.25 per share.

Issuer

OMI CORP/M I

CIK 0001061571

Entity typeoperating

Related Parties

1
  • filerCIK 0001061571

Filing Metadata

Form type
4
Filed
May 28, 8:00 PM ET
Accepted
May 29, 6:17 PM ET
Size
7.1 KB