Key facts
- This page summarizes Craig H. Stevenson Jr.'s Form 4 filing for Diamond S Shipping Inc..
- 11 reported transactions and 2 derivative rows are listed below.
- Accepted by SEC: 20 Jul 2021, 21:04.
Craig H. Stevenson Jr. - 16 Jul 2021 Form 4 Insider Report for Diamond S Shipping Inc.
- Reporting relationship
- CEO, President, Director
- Issuer ticker
- N/A
- Reported as of
- 16 Jul 2021
- Net transaction value
- -$872,003
- SEC form
- 4
- Accepted by SEC
- 20 Jul 2021, 21:04:05 UTC
- Prior SEC filing
- 19 May 2021
- Next SEC filing
- 30 Jul 2021
- Source filing
- View source filing
- Reporting owner signature
- /s/ Craig H. Stevenson, Jr.
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Craig H. Stevenson Jr. filed Form 4 for Diamond S Shipping Inc. on 20 Jul 2021.
Change
- Previous filing in this sequence was filed on 19 May 2021.
- Current net transaction value: -$872,003.
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
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
DSSI
transaction
Common Stock
Tax liability
- Transaction value
- $191,852
- Shares
- -19,799
- Change %
- -7%
- Price
- $9.69
- Shares after
- 263,863
- Date
- 16 Jul 2021
- Ownership
- Direct
- Footnotes
- F1
DSSI
transaction
Common Stock
Tax liability
- Transaction value
- $109,468
- Shares
- -11,297
- Change %
- -4.3%
- Price
- $9.69
- Shares after
- 252,566
- Date
- 16 Jul 2021
- Ownership
- Direct
- Footnotes
- F2
DSSI
transaction
Common Stock
Tax liability
- Transaction value
- $203,238
- Shares
- -20,974
- Change %
- -8.3%
- Price
- $9.69
- Shares after
- 231,592
- Date
- 16 Jul 2021
- Ownership
- Direct
- Footnotes
- F3
DSSI
transaction
Common Stock
Options Exercise
- Transaction value
- Shares
- +43,066
- Change %
- +19%
- Price
- Shares after
- 274,658
- Date
- 16 Jul 2021
- Ownership
- Direct
- Footnotes
- F4
DSSI
transaction
Common Stock
Tax liability
- Transaction value
- $164,207
- Shares
- -16,946
- Change %
- -6.2%
- Price
- $9.69
- Shares after
- 257,712
- Date
- 16 Jul 2021
- Ownership
- Direct
- Footnotes
- F5
DSSI
transaction
Common Stock
Options Exercise
- Transaction value
- Shares
- +53,300
- Change %
- +21%
- Price
- Shares after
- 311,012
- Date
- 16 Jul 2021
- Ownership
- Direct
- Footnotes
- F6
DSSI
transaction
Common Stock
Tax liability
- Transaction value
- $203,238
- Shares
- -20,974
- Change %
- -6.7%
- Price
- $9.69
- Shares after
- 290,038
- Date
- 16 Jul 2021
- Ownership
- Direct
- Footnotes
- F7
DSSI
transaction
Common Stock
Disposed to Issuer
- Transaction value
- Shares
- -290,038
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 16 Jul 2021
- Ownership
- Direct
- Footnotes
- F8
DSSI
transaction
Common Stock
Disposed to Issuer
- Transaction value
- Shares
- -207,812
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 16 Jul 2021
- Ownership
- Held by limited liability company
- Footnotes
- F9, F10
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
- -43,066
- Change %
- -45%
- Price
- $0.000000
- Shares after
- 53,300
- Date
- 16 Jul 2021
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 43,066
- Exercise price
- Footnotes
- F11, F12
DSSI
transaction
Derivative
Performance Restricted Stock Unit
Options Exercise
- Transaction value
- $0
- Shares
- -53,300
- Change %
- -100%
- Price
- $0.000000*
- Shares after
- 0
- Date
- 16 Jul 2021
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 53,300
- Exercise price
- Footnotes
- F11, F13
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 13 footnotes
Footnote F1
Represents shares withheld by the Company to satisfy withholding taxes due in connection with the vesting of 50,316 restricted shares granted to the Reporting Person on May 15, 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 28,711 restricted shares granted to the Reporting Person on April 30, 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 53,300 restricted shares 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 30, 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 30, 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 160,608 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
Disposed of in exchange for 115,075 shares of INSW common stock in connection with the closing of the merger of INSW and the Company pursuant to the ISNW Merger Agreement.
Footnote F10
These shares of common stock are held by Pecos Shipping LLC, of which Mr. Stevenson is the controlling member. The filing of this Form 4 should not be deemed an admission that Mr. Stevenson is the beneficial owner of these 207,812 shares of common stock, except to the extent of his pecuniary interest.
Footnote F11
Each PSU represents a contingent right to receive one share of the Company's common stock.
Footnote F12
The PSU award was granted on April 30, 2020 pursuant to the Diamond S Shipping Inc. 2019 Equity and Incentive Compensation Plan and vested in full on July 16, 2021.
Footnote F13
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.