Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | INSW | Common Stock | Award | +161K | 161K | Jul 16, 2021 | Direct | F1 | |||
transaction | INSW | Common Stock | Award | +115K | 115K | Jul 16, 2021 | Held by limited liability company | F2, F3 |
Id | Content |
---|---|
F1 | Received in exchange for 290,038 shares of Diamond S Shipping Inc. ("DSSI") common stock in connection with the closing of the merger of International Seaways, Inc. ("INSW") and DSSI pursuant to that certain Agreement and Plan of Merger dated March 30, 2021, by and among INSW, DSSI and Dispatch Transaction Sub, Inc. (the "INSW Merger Agreement"). |
F2 | Received in exchange for 207,812 shares of DSSI common stock in connection with the closing of the merger of INSW and DSSI pursuant to the INSW Merger Agreement. |
F3 | 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. |