Accession Number: | 0001140361-14-036916 |
Date: | 2014-09-29 |
Issuer: | OVERSEAS SHIPHOLDING GROUP INC (OSG) |
Original Submission Date: |
FLINTER HENRY P
TWO HARBOUR PLACE
302 KNIGHT RUN AVENUE - 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 |
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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 |
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RESTRICTED STOCK UNITS | 0.0 | 2014-09-29 | deemed execution date | A | 54,795 (a) | class a common stock 54,795 | $0.00 | 54,795 | direct | |||
STOCK OPTION (RIGHT TO BUY) | 3.65 | 2024-09-29 | deemed execution date | A | 126,582 (a) | 2024-09-28 | class a common stock 126,582 | $3.65 | 126,582 | direct |
ID | footnote |
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f1 | these restricted stock units were granted pursuant to the overseas shipholding group, inc. management incentive compensation plan (the "plan") and vest as to one-third of such units on each of the first, second and the third anniversaries of the date of the grant. 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 | the options to purchase these shares of class a common stock was granted pursuant to the plan and will become excercisable as to one-third of such shares on the first, second and third anniversary of the date of the grant. |