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

Role
CEO, President, Director
Signature
/s/ Craig H. Stevenson, Jr.
Stock symbol
DSSI
Transactions as of
May 17, 2021
Transactions value $
-$12,588
Form type
4
Date filed
5/19/2021, 04:15 PM
Next filing
Jul 20, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DSSI Common Stock Tax liability -$12.6K -1.18K -0.41% $10.65 284K May 17, 2021 Direct F1
holding DSSI Common Stock 208K May 17, 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.