Bart Veldhuizen - 16 Jul 2021 Form 4 Insider Report for Diamond S Shipping Inc.

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
20 Jul 2021, 21:06:19 UTC
Prior SEC filing
02 Jun 2021
Next SEC filing
15 Mar 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Bart Veldhuizen

Key filing fact

Bart Veldhuizen filed Form 4 for Diamond S Shipping Inc. on 20 Jul 2021.

Key facts

  • This page summarizes Bart Veldhuizen's Form 4 filing for Diamond S Shipping Inc..
  • 3 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 20 Jul 2021, 21:06.

Change

  • Previous filing in this sequence was filed on 02 Jun 2021.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

DSSI transaction

Common Stock

Options Exercise

Transaction value
Shares
+7,951
Change %
+51%
Price
Shares after
23,614
Date
16 Jul 2021
Ownership
Direct
Footnotes
F3
DSSI transaction

Common Stock

Disposed to Issuer

Transaction value
Shares
-23,614
Change %
-100%
Price
Shares after
0
Date
16 Jul 2021
Ownership
Direct
Footnotes
F4

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

DSSI transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-7,951
Change %
-100%
Price
$0.000000*
Shares after
0
Date
16 Jul 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
7,951
Exercise price
Footnotes
F1, F2
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

Each restricted stock unit represents a contingent right to receive one share of common stock ("Common Stock") of Diamond S Shipping Inc. (the "Company").

Footnote F2

The restricted stock unit award was granted on May 28, 2021 pursuant to the Company's 2019 Equity and Incentive Compensation Plan and vested in full on July 16, 2021.

Footnote F3

Represents the conversion upon vesting of restricted stock units into Common Stock. On May 28, 2021, the reporting person was granted 7,951 restricted stock units, of which all of the shares subject to the restricted stock units vested on July 16, 2021. Such restricted stock units were previously reported in Table II on the Form 4 filed with the Securities and Exchange Commission on June 2, 2021.

Footnote F4

Disposed of in exchange for 13,076 shares of International Seaways, Inc. ("INSW") common stock in connection with the closing of the merger of INSW and the Company pursuant to that certain Agreement and Plan of Merger dated March 30, 2021, by and among INSW, the Company and Dispatch Transaction Sub, Inc.

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