ROYCE JOSEPH E 4
4 · TBS International plc · Filed Jul 2, 2010
Insider Transaction Report
Form 4
ROYCE JOSEPH E
DirectorPresident and CEO10% Owner
Transactions
- Award
Class A Ordinary Shares, par value $0.01 per share
2010-06-30+72,000→ 72,000 total - Tax Payment
Class A Ordinary Shares, par value $0.01 per share
2010-06-30$6.13/sh−26,798$164,272→ 45,202 total - Award
Class A Ordinary Shares, par value $0.01 per share
2010-06-30+75,000→ 120,202 total
Holdings
- 196,208(indirect: By Trust)
Class A Ordinary Shares, par value $0.01 per share
- 1,646,786(indirect: By Trust)
Class B Ordinary Shares, par value $0.01 per share
→ Class A Ordinary Shares (1,646,786 underlying) - 2,299,028
Class B Ordinary Shares, par value $0.01 per share
→ Class A Ordinary Shares (2,299,028 underlying) - 270,206(indirect: By Spouse)
Class A Ordinary Shares, par value $0.01 per share
- 346,208(indirect: By Trust)
Class A Ordinary Shares, par value $0.01 per share
- 2,013,517(indirect: By Trust)
Class B Ordinary Shares, par value $0.01 per share
→ Class A Ordinary Shares (2,013,517 underlying) - 1,534,024(indirect: By Spouse)
Class B Ordinary Shares, par value $0.01 per share
→ Class A Ordinary Shares (1,534,024 underlying) - 981,734(indirect: By Trust)
Class B Ordinary Shares, par value $0.01 per share
→ Class A Ordinary Shares (981,734 underlying)
Footnotes (3)
- [F1]Restricted Class A Ordinary Shares were granted to the individual on June 30, 2010 and will vest in four equal annual installments beginning June 30, 2011.
- [F2]The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.
- [F3]Class B Ordinary Shares currently are convertible into Class A Ordinary Shares on a one-for-one basis at any time and have no expiration date.