Jeffrey Pribor - 08 Nov 2022 Form 4 Insider Report for International Seaways, Inc. (INSW)

Role: SVP,CFO & Treasurer
Signature: /s/James D. Small III, Attorney-in-Fact, pursuant to a power of attorney previously filed
Issuer symbol: INSW
Transactions as of: 08 Nov 2022
Net transactions value: -$1,093,056
Form type: 4
Filing time: 10 Nov 2022, 16:12:44 UTC
Previous filing: 02 Nov 2022
Next filing: 02 Dec 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	INSW	Common Stock, no par value per share	Options Exercise	$1,447,531	+79,491	+175%	$18.21	124,839	08 Nov 2022	Direct	F1
transaction	INSW	Common Stock, no par value per share	Tax liability	$2,540,587	-56,245	-45%	$45.17	68,594	08 Nov 2022	Direct	F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	INSW	Stock Option (Right to Buy)	Options Exercise		+79,491			0	08 Nov 2022	Common Stock	79,491	$18.21	Direct	F1, F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	These stock options were exercised on a net share settlement basis. Accordingly, the Issuer is delivering in aggregate 23,246 shares to Mr. Pribor in connection with this option exercise, with no shares being sold externally.
F2	Represents the number of shares withheld by the Issuer to satisfy (i) the aggregate exercise price for the options and (ii) withholding taxes related to such exercise.
F3	100% of the options vested on the date exercisable date.