Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | DSSI | Common Stock | Options Exercise | +7.76K | +98.24% | 15.7K | Jun 1, 2021 | Direct | F4 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | DSSI | Restricted Stock Units | Award | $0 | +7.95K | +102.43% | $0.00 | 15.7K | May 28, 2021 | Common Stock | 7.95K | Direct | F1, F2 | |
transaction | DSSI | Restricted Stock Units | Options Exercise | $0 | -7.76K | -49.4% | $0.00 | 7.95K | Jun 1, 2021 | Common Stock | 7.76K | Direct | F1, F3 |
Id | Content |
---|---|
F1 | Each restricted stock unit represents a contingent right to receive one share of common stock ("Common Stock") of Diamond S Shipping Inc. (the "Company"). |
F2 | The award represents a grant of restricted stock units pursuant to the Diamond S Shipping Inc. 2019 Equity and Incentive Compensation Plan. Under the terms of the award agreement, the award vests on the earlier of (i) the first anniversary of the date of the grant, and (ii) the day immediately prior to the Company's 2022 Annual Meeting of Shareholders (subject to certain exceptions, as described in the award agreement). |
F3 | The restricted stock unit award was granted on May 29, 2020 pursuant to the Diamond S Shipping Inc. 2019 Equity and Incentive Compensation Plan and vested in full on June 1, 2021. |
F4 | Represents the conversion upon vesting of restricted stock units into Common Stock. On May 29, 2020, the reporting person was granted 7,762 restricted stock units, of which all of the shares subject to the restricted stock units vested on June 1, 2021. Such restricted stock units were previously reported in Table II on the Form 4 filed with the Securities and Exchange Commission on June 2, 2020. |