Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | INSW | Common Stock, no par value per share | Other | +24.1K | +35.04% | 92.7K | Mar 9, 2022 | Direct | F1 | ||
transaction | INSW | Common Stock, no par value per share | Tax liability | -12.2K | -13.13% | 80.6K | Mar 9, 2022 | Direct | F1 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | INSW | Performance Restricted Stock Units | Disposed to Issuer | -24.1K | -100% | 0 | Mar 9, 2022 | Common Stock | 24.1K | $0.00 | Direct | F2 |
Id | Content |
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F1 | These 24,060 shares of Common Stock are being acquired in connection with the vesting of 24,060 performance restricted stock units on March 9, 2022 pursuant to the International Seaways, Inc. Management Incentive Compensation Plan (the "Plan") which vested units are being settled in shares of Common Stock. In connection with the vesting of the units, 12,175 shares are being withheld by International Seaways, Inc. ("INSW") in payment of the Reporting Person's tax withholding liability incurred as a result of the vesting of the units. |
F2 | These 24,060 performance restricted stock units vested on March 9, 2022 and are being settled in shares of Common Stock as reported in Table I of this Form 4. |