Craig H. Stevenson Jr. - 17 May 2021 Form 4 Insider Report for Diamond S Shipping Inc.

Role
CEO, President, Director
Signature
/s/ Craig H. Stevenson, Jr.
Issuer symbol
N/A
Transactions as of
17 May 2021
Net transactions value
-$12,588
Form type
4
Filing time
19 May 2021, 16:15:56 UTC
Next filing
20 Jul 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DSSI Common Stock Tax liability $12,588 -1,182 -0.41% $10.65 283,662 17 May 2021 Direct F1
holding DSSI Common Stock 207,812 17 May 2021 Held by limited liability company F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares withheld by Diamond S. Shipping Inc. (the "Company") to satisfy withholding taxes due in connection with the vesting of 50,314 restricted shares granted to the Reporting Person on May 15, 2019, which vested on May 17, 2021. The net settlement price was based upon the closing price of the Company's common shares on the New York Stock Exchange on the vesting date.
F2 These shares of common stock are held by Pecos Shipping LLC, of which Mr. Stevenson is the controlling member. The filing of this Form 4 should not be deemed an admission that Mr. Stevenson is the beneficial owner of these 207,812 shares of common stock, except to the extent of his pecuniary interest.