Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | DSSI | Common Stock | Tax liability | -$192K | -19.8K | -6.98% | $9.69 | 264K | Jul 16, 2021 | Direct | F1 |
transaction | DSSI | Common Stock | Tax liability | -$109K | -11.3K | -4.28% | $9.69 | 253K | Jul 16, 2021 | Direct | F2 |
transaction | DSSI | Common Stock | Tax liability | -$203K | -21K | -8.3% | $9.69 | 232K | Jul 16, 2021 | Direct | F3 |
transaction | DSSI | Common Stock | Options Exercise | +43.1K | +18.6% | 275K | Jul 16, 2021 | Direct | F4 | ||
transaction | DSSI | Common Stock | Tax liability | -$164K | -16.9K | -6.17% | $9.69 | 258K | Jul 16, 2021 | Direct | F5 |
transaction | DSSI | Common Stock | Options Exercise | +53.3K | +20.68% | 311K | Jul 16, 2021 | Direct | F6 | ||
transaction | DSSI | Common Stock | Tax liability | -$203K | -21K | -6.74% | $9.69 | 290K | Jul 16, 2021 | Direct | F7 |
transaction | DSSI | Common Stock | Disposed to Issuer | -290K | -100% | 0 | Jul 16, 2021 | Direct | F8 | ||
transaction | DSSI | Common Stock | Disposed to Issuer | -208K | -100% | 0 | Jul 16, 2021 | Held by limited liability company | F9, F10 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | DSSI | Performance Restricted Stock Unit | Options Exercise | $0 | -43.1K | -44.69% | $0.00 | 53.3K | Jul 16, 2021 | Common Stock | 43.1K | Direct | F11, F12 | |
transaction | DSSI | Performance Restricted Stock Unit | Options Exercise | $0 | -53.3K | -100% | $0.00* | 0 | Jul 16, 2021 | Common Stock | 53.3K | Direct | F11, F13 |
Id | Content |
---|---|
F1 | Represents shares withheld by the Company to satisfy withholding taxes due in connection with the vesting of 50,316 restricted shares granted to the Reporting Person on May 15, 2019, which vested on July 16, 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 | Represents shares withheld by the Company to satisfy withholding taxes due in connection with the vesting of 28,711 restricted shares granted to the Reporting Person on April 30, 2020, which vested on July 16, 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. |
F3 | Represents shares withheld by the Company to satisfy withholding taxes due in connection with the vesting of 53,300 restricted shares granted to the Reporting Person on March 18, 2021, which vested on July 16, 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. |
F4 | Represents shares acquired by the Reporting Person in connection with the vesting of the performance restricted stock unit ("PSU") award that was granted on April 30, 2020 pursuant to the Diamond S Shipping Inc. 2019 Equity and Incentive Compensation Plan. |
F5 | Represents shares withheld by the Company to satisfy withholding taxes due in connection with the vesting of the PSU award granted to the Reporting Person on April 30, 2020, which vested on July 16, 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. |
F6 | Represents shares acquired by the Reporting Person in connection with the vesting of the PSU award that was granted on March 18, 2021 pursuant to the Diamond S Shipping Inc. 2019 Equity and Incentive Compensation Plan. |
F7 | Represents shares withheld by the Company to satisfy withholding taxes due in connection with the vesting of the PSU award granted to the Reporting Person on March 18, 2021, which vested on July 16, 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. |
F8 | Disposed of in exchange for 160,608 shares of International Seaways, Inc. ("INSW") common stock in connection with the closing of the merger of INSW and the Company pursuant to that certain Agreement and Plan of Merger dated March 30, 2021, by and among INSW, the Company and Dispatch Transaction Sub, Inc. (the "INSW Merger Agreement"). |
F9 | Disposed of in exchange for 115,075 shares of INSW common stock in connection with the closing of the merger of INSW and the Company pursuant to the ISNW Merger Agreement. |
F10 | 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. |
F11 | Each PSU represents a contingent right to receive one share of the Company's common stock. |
F12 | The PSU award was granted on April 30, 2020 pursuant to the Diamond S Shipping Inc. 2019 Equity and Incentive Compensation Plan and vested in full on July 16, 2021. |
F13 | The PSU award was granted on March 18, 2021 pursuant to the Diamond S Shipping Inc. 2019 Equity and Incentive Compensation Plan and vested in full on July 16, 2021. |