Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | INSW | Common Stock, no par value per share | Other | +712 | +17.89% | 4.69K | Mar 17, 2022 | Direct | F1 | ||
transaction | INSW | Common Stock, no par value per share | Tax liability | -380 | -8.1% | 4.31K | Mar 17, 2022 | Direct | F1 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | INSW | Restricted Stock Units | Disposed to Issuer | -712 | -33.3% | 1.43K | Mar 17, 2022 | Common Stock | 712 | $0.00 | Direct | F2 |
Id | Content |
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F1 | These 712 shares of Common Stock are being acquired in connection with the vesting of 712 restricted stock units on March 17, 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, 380 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 712 restricted stock units vested on March 17, 2022 and are being settled in shares of Common Stock as reported in Table I of this Form 4. |