Craig H. Stevenson Jr - Oct 21, 2022 Form 4/A - Amendment Insider Report for International Seaways, Inc. (INSW)

Role
Director
Signature
/s/James D. Small III, Attorney-in-Fact, pursuant to power of attorney previously filed
Stock symbol
INSW
Transactions as of
Oct 21, 2022
Transactions value $
-$2,000,320
Form type
4/A - Amendment
Date filed
2/1/2023, 04:09 PM
Date Of Original Report
Oct 25, 2022
Previous filing
Jun 7, 2022
Next filing
Feb 1, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INSW Common Stock, no par value per share Sale -$2M -50K -43.45% $40.01 65.1K Oct 21, 2022 Held by limited liability company. F1, F2, F3
holding INSW Common Stock, no par value per share 170K Oct 21, 2022 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan executed by the reporting person on September 19, 2022. This amendment corrects an inadvertent error in the Form 4 filed on October 25, 2022 in that the shares sold as reported on that form were held indirectly by the reporting person through Pecos Shipping LLC. The total number of shares held by the reporting person on the reporting date remains unchanged.
F2 This transaction was executed in multiple trades at prices ranging from $40.0000 to $40.0200. The price reported reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F3 These shares of common stock are held by Pecos Shipping LLC, of which Mr. Stevenson is the controlling member. The filing of the Form 4 should not be deemed an admission that Mr. Stevenson is the beneficial owner of these 65,075 shares of common stock, except to the extent of his pecuniary interest.