Mozdean Robert R 4
4 · OVERSEAS SHIPHOLDING GROUP INC · Filed Dec 21, 2011
Insider Transaction Report
Form 4
Mozdean Robert R
Head Worldwide Human Resources
Transactions
- Tax Payment
Common Stock, par value $1.00 per share
2011-12-19$9.18/sh−343$3,149→ 9,750 total
Holdings
- 196(indirect: (3))
Common Stock, par value $1.00 per share
- 1,097(indirect: (4))
Common Stock, par value $1.00 per share
Footnotes (4)
- [F1]In accordance with the terms of the Overseas Shipholding Group, Inc. 2004 Stock Incentive Plan, these 343 shares of common stock were surrendered to Overseas Shipholding Group, Inc. upon the December 19, 2011 vesting of 946 shares (the "Vested Shares") of the reporting person's restricted stock in payment of the reporting person's tax withholding liability incurred as a result of the vesting of the Vested Shares.
- [F2]Of these 9,750 shares of common stock, 4,795 shares are subject to vesting restrictions as of December 21, 2011.
- [F3]The reporting person indirectly owns these 196 shares of common stock through the Overseas Shipholding Group, Inc. 2000 Employee Stock Purchase Plan as of December 21, 2011. He acquired 23 shares since December 31, 2010 through reinvestment of dividends under such Purchase Plan.
- [F4]The reporting person indirectly owns these 1,097 shares of common stock through the Overseas Shipholding Group, Inc. 2000 Employee Stock Purchase Plan.