Accession Number: | 0000075208-21-000004 |
Date: | 2021-02-08 |
Issuer: | OVERSEAS SHIPHOLDING GROUP INC (OSG) |
Original Submission Date: |
MOTE DAMON
302 KNIGHTS RUN AVE, SUITE 1200
TAMPA, FL 33602
Title of Security | Transaction Date | 2a. Deemed Execution Date | Transaction Code | Shares | Acquired or Disposed | Price per share | 5. Amount of Securities Beneficially Owned Following Reported Transaction | 6. Ownership Form Direct or Indirect | Nature of Indirect Ownership |
---|---|---|---|---|---|---|---|---|---|
CLASS A COMMON STOCK, PAR VALUE $.01 PER SHARE | 2021-02-08 | A | 11,276 | a | $0.00 | 83,857 | direct | ||
CLASS A COMMON STOCK, PAR VALUE $.01 PER SHARE | 2021-02-08 | F | 3,344 | d | $2.22 | 80,513 | direct |
Title of Derivative Security | Conversion or Exercise Price of Derivative Security | Transaction Date | Deemed Execution Date | Transaction Code | Number of Derivative Securities Acquired (A) or Disposed of (D) | Date Exercisable | Expiration Date | Title and Amount of Securities Underlying Derivative Security | Price of Derivative Security | Number of derivative Securities Beneficially Owned Following Reported Transaction(s) | Ownership Form: Direct (D) or Indirect (I) | Nature of Indirect Beneficial Ownership |
---|---|---|---|---|---|---|---|---|---|---|---|---|
RESTRICTED STOCK UNITS | 0.0 | 2021-02-08 | deemed execution date | M | 11,276 (d) | class a common stock 11,276 | $0.00 | 0 | direct |
ID | footnote |
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f1 | represents final vesting of restricted stock units granted on february 8, 2018 pursuant to the overseas shipholding group, inc. ("osg") management incentive compensation plan. the units vest as to one-third of such units on the first, second and third anniversaries of february 8, 2018. each unit represents the right to acquire one share of class a common stock. settlement of vested units may be in either shares of class a common stock or cash as determined by the human resources and compensation committee of the board in its discretion. |
f2 | represents shares of class a common stock withheld by the registrant in payment of the reporting person's tax withholding liability incurred as a result of the vesting the restricted stock units. |