Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | INSW | Common Stock, no par value per share | Other | +11.2K | +23.28% | 59.2K | Feb 29, 2024 | Direct | F1 | ||
transaction | INSW | Common Stock, no par value per share | Tax liability | -6.08K | -10.28% | 53.1K | Feb 29, 2024 | Direct | F1 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | INSW | Performance Restricted Stock Units | Disposed to Issuer | -11.2K | -100% | 0 | Feb 29, 2024 | Common Stock | 11.2K | $0.00 | Direct | F2 |
Id | Content |
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F1 | These 11,180 shares of Common Stock are being acquired in connection with the vesting of 11,180 performance restricted stock units on February 29, 2024 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, 6,084 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 11,180 performance restricted stock units vested on February 29, 2024 and are being settled in shares of Common Stock as reported in Table I of this Form 4. |