4//SEC Filing
Kachelo Anoushka 4
Accession 0000919574-21-004612
CIK 0001761940other
Filed
Jul 19, 8:00 PM ET
Accepted
Jul 20, 8:57 PM ET
Size
23.0 KB
Accession
0000919574-21-004612
Insider Transaction Report
Form 4
Kachelo Anoushka
General Counsel
Transactions
- Tax Payment
Common Stock
2021-07-16$9.69/sh−4,873$47,219→ 21,498 total - Exercise/Conversion
Common Stock
2021-07-16+15,555→ 47,256 total - Tax Payment
Common Stock
2021-07-16$9.69/sh−7,833$75,902→ 16,001 total - Tax Payment
Common Stock
2021-07-16$9.69/sh−7,311$70,844→ 39,945 total - Exercise/Conversion
Performance Restricted Stock Unit
2021-07-16−19,252→ 0 total→ Common Stock (19,252 underlying) - Exercise/Conversion
Performance Restricted Stock Unit
2021-07-16−15,555→ 19,252 total→ Common Stock (15,555 underlying) - Tax Payment
Common Stock
2021-07-16$9.69/sh−9,049$87,685→ 31,701 total - Disposition to Issuer
Common Stock
2021-07-16−50,148→ 0 total - Exercise/Conversion
Common Stock
2021-07-16+19,252→ 59,197 total
Footnotes (11)
- [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.
- [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.
- [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.
- [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.
- [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.
- [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.
- [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.
- [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.
- [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.
- [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").
- [F9]Each PSU represents a contingent right to receive one share of the Company's common stock.
Documents
Issuer
Diamond S Shipping Inc.
CIK 0001761940
Entity typeother
Related Parties
1- filerCIK 0001793495
Filing Metadata
- Form type
- 4
- Filed
- Jul 19, 8:00 PM ET
- Accepted
- Jul 20, 8:57 PM ET
- Size
- 23.0 KB