Form Type: 4

SEC EDGAR Link
Accession Number:0000075208-21-000004
Date:2021-02-08
Issuer: OVERSEAS SHIPHOLDING GROUP INC (OSG)
Original Submission Date:

Reporting Person:

MOTE DAMON
302 KNIGHTS RUN AVE, SUITE 1200
TAMPA, FL 33602

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature 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
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
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 ExercisableExpiration 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
Footnotes
IDfootnote
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.
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