J. Patrick Reddy - May 27, 2021 Form 4 Insider Report for OVERSEAS SHIPHOLDING GROUP INC (OSG)

Role
Director
Signature
/s/ John P Reddy by Susan Allan, attorney-in-fact
Stock symbol
OSG
Transactions as of
May 27, 2021
Transactions value $
$0
Form type
4
Date filed
5/28/2021, 02:21 PM
Next filing
Mar 10, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OSG Class A Common Stock, par value $.01 per share Award $0 +37.8K +53.2% $0.00 109K May 27, 2021 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction OSG Restricted Stock Units Award $0 +36.8K $0.00 36.8K May 27, 2021 Class A Common Stock 36.8K $0.00 Direct F2
transaction OSG Restricted Stock Units Options Exercise $0 -37.8K -100% $0.00* 0 May 27, 2021 Class A Common Stock 37.8K $0.00 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents May 28, 2021 vesting of restricted stock units granted on May 28, 2020 pursuant to the Overseas Shipholding Group, Inc. Non-Employee Director Incentive Compensation Plan. Each unit represents the right to acquire one share of Class A Common Stock.
F2 These restricted stock units were granted pursuant to the Overseas Shipholding Group, Inc. Non-Employee Director Incentive Compensation Plan and vest on May 27, 2022. Each unit represents the right to acquire one share of Class A Common Stock.