Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | INSW | Common Stock | Other | +42.6K | +33.97% | 168K | Apr 7, 2023 | Direct | F1 | ||
transaction | INSW | Common Stock | Tax liability | -21.7K | -12.92% | 146K | Apr 7, 2023 | 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 | -26.2K | -33.33% | 52.4K | Apr 7, 2023 | Common Stock | 26.2K | $0.00 | Direct | F2 | ||
transaction | INSW | Restricted Stock Units | Disposed to Issuer | -16.4K | -33.33% | 32.8K | Apr 7, 2023 | Common Stock | 16.4K | $0.00 | Direct | F3 |
Id | Content |
---|---|
F1 | These 42,586 shares of Common Stock are being acquired in connection with the vesting of (1) 26,207 restricted stock units on April 7, 2023 pursuant to the International Seaways, Inc. 2020 Management Incentive Compensation Plan (the "2020 Plan") and (2) 16,379 restricted stock units on April 7, 2023 pursuant to the 2020 Plan which vested units are being settled in shares of Common Stock. In connection with the vesting of the 42,586 units, 21,698 shares are being withheld by International Seaways, Inc. in payment of the Reporting Person's tax withholding liability incurred as a result of the vesting of the units. |
F2 | These 26,207 restricted stock units vested on April 7, 2023 and are being settled in shares of Common Stock as reported in Table I of this Form 4. |
F3 | These 16,379 restricted stock units vested on April 7, 2023 and are being settled in shares of Common Stock as reported in Table I of this Form 4. |