Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | INSW | Common Stock, no par value per share | Other | +681 | +15.8% | 4.99K | Apr 2, 2022 | Direct | F1 | ||
transaction | INSW | Common Stock, no par value per share | Tax liability | -329 | -6.59% | 4.66K | Apr 2, 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 | -681 | -50% | 681 | Apr 2, 2022 | Common Stock | 681 | $0.00 | Direct | F2 |
Id | Content |
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F1 | These 681 shares of Common Stock are being acquired in connection with the vesting of 681 restricted stock units on April 2, 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, 329 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 681 restricted stock units vested on April 2, 2022 and are being settled in shares of Common Stock as reported in Table I of this Form 4. |