LaMONTE MARC 4
4 · OVERSEAS SHIPHOLDING GROUP INC · Filed Jan 14, 2009
Insider Transaction Report
Form 4
LaMONTE MARC
Head of Gas SBU
Transactions
- Tax Payment
Common Stock, par value $1.00 per share
2009-01-12$41.83/sh−297$12,424→ 7,258 total
Footnotes (2)
- [F1]In accordance with the terms of the Overseas Shipholding Group, Inc. 2004 Stock Incentive Plan, these 297 shares of common stock were surrendered to Overseas Shipholding Group, Inc. upon the January 12, 2009 vesting of 741 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 7,258 shares of common stock, 5,927 shares are subject to vesting restrictions as of January 13, 2009.