Anoushka Kachelo - 16 Jul 2021 Form 4 Insider Report for Diamond S Shipping Inc.

Source evidence Original filing metadata and source links for verification. 3 source fields
SEC form
4
Accepted by SEC
20 Jul 2021, 20:57:44 UTC
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Anoushka Kachelo

Key filing fact

Anoushka Kachelo filed Form 4 for Diamond S Shipping Inc. on 20 Jul 2021.

Key facts

  • This page summarizes Anoushka Kachelo's Form 4 filing for Diamond S Shipping Inc..
  • 10 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 20 Jul 2021, 20:57.

Change

  • No earlier filing in this sequence is available for direct comparison.
  • Current net transaction value: -$369,334.

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

Tax liability

Transaction value
$75,902
Shares
-7,833
Change %
-33%
Price
$9.69
Shares after
16,001
Date
16 Jul 2021
Ownership
Direct
Footnotes
F1
DSSI transaction

Common Stock

Tax liability

Transaction value
$47,219
Shares
-4,873
Change %
-18%
Price
$9.69
Shares after
21,498
Date
16 Jul 2021
Ownership
Direct
Footnotes
F2
DSSI transaction

Common Stock

Tax liability

Transaction value
$87,685
Shares
-9,049
Change %
-22%
Price
$9.69
Shares after
31,701
Date
16 Jul 2021
Ownership
Direct
Footnotes
F3
DSSI transaction

Common Stock

Options Exercise

Transaction value
Shares
+15,555
Change %
+49%
Price
Shares after
47,256
Date
16 Jul 2021
Ownership
Direct
Footnotes
F4
DSSI transaction

Common Stock

Tax liability

Transaction value
$70,844
Shares
-7,311
Change %
-15%
Price
$9.69
Shares after
39,945
Date
16 Jul 2021
Ownership
Direct
Footnotes
F5
DSSI transaction

Common Stock

Options Exercise

Transaction value
Shares
+19,252
Change %
+48%
Price
Shares after
59,197
Date
16 Jul 2021
Ownership
Direct
Footnotes
F6
DSSI transaction

Common Stock

Tax liability

Transaction value
$87,685
Shares
-9,049
Change %
-15%
Price
$9.69
Shares after
50,148
Date
16 Jul 2021
Ownership
Direct
Footnotes
F7
DSSI transaction

Common Stock

Disposed to Issuer

Transaction value
Shares
-50,148
Change %
-100%
Price
Shares after
0
Date
16 Jul 2021
Ownership
Direct
Footnotes
F8

Reported derivative securities

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

DSSI transaction Derivative

Performance Restricted Stock Unit

Options Exercise

Transaction value
$0
Shares
-15,555
Change %
-45%
Price
$0.000000
Shares after
19,252
Date
16 Jul 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
15,555
Exercise price
Footnotes
F9, F10
DSSI transaction Derivative

Performance Restricted Stock Unit

Options Exercise

Transaction value
$0
Shares
-19,252
Change %
-100%
Price
$0.000000*
Shares after
0
Date
16 Jul 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
19,252
Exercise price
Footnotes
F9, F11
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 11 footnotes

Footnote F1

Represents shares withheld by the Company to satisfy withholding taxes due in connection with the vesting of 16,667 restricted stock units granted to the Reporting Person on November 4, 2019, which vested on July 16, 2021. The net settlement price was based upon the closing price of the Company's common shares on the New York Stock Exchange on the vesting date.

Footnote F2

Represents shares withheld by the Company to satisfy withholding taxes due in connection with the vesting of 10,370 restricted stock units granted to the Reporting Person on April 28, 2020, which vested on July 16, 2021. The net settlement price was based upon the closing price of the Company's common shares on the New York Stock Exchange on the vesting date.

Footnote F3

Represents shares withheld by the Company to satisfy withholding taxes due in connection with the vesting of 19,252 restricted stock units granted to the Reporting Person on March 18, 2021, which vested on July 16, 2021. The net settlement price was based upon the closing price of the Company's common shares on the New York Stock Exchange on the vesting date.

Footnote F4

Represents shares acquired by the Reporting Person in connection with the vesting of the performance restricted stock unit ("PSU") award that was granted on April 28, 2020 pursuant to the Diamond S Shipping Inc. 2019 Equity and Incentive Compensation Plan.

Footnote F5

Represents shares withheld by the Company to satisfy withholding taxes due in connection with the vesting of the PSU award granted to the Reporting Person on April 28, 2020, which vested on July 16, 2021. The net settlement price was based upon the closing price of the Company's common shares on the New York Stock Exchange on the vesting date.

Footnote F6

Represents shares acquired by the Reporting Person in connection with the vesting of the PSU award that was granted on March 18, 2021 pursuant to the Diamond S Shipping Inc. 2019 Equity and Incentive Compensation Plan.

Footnote F7

Represents shares withheld by the Company to satisfy withholding taxes due in connection with the vesting of the PSU award granted to the Reporting Person on March 18, 2021, which vested on July 16, 2021. The net settlement price was based upon the closing price of the Company's common shares on the New York Stock Exchange on the vesting date.

Footnote F8

Disposed of in exchange for 27,769 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. (the "INSW Merger Agreement").

Footnote F9

Each PSU represents a contingent right to receive one share of the Company's common stock.

Footnote F10

The PSU award was granted on April 28, 2020 pursuant to the Diamond S Shipping Inc. 2019 Equity and Incentive Compensation Plan and vested in full on July 16, 2021.

Footnote F11

The PSU award was granted on March 18, 2021 pursuant to the Diamond S Shipping Inc. 2019 Equity and Incentive Compensation Plan and vested in full on July 16, 2021.

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