SEC Form 4 · accession 0000278041-16-000113
INTERNATIONAL SHIPHOLDING CORP · ISHC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Niels M Johnsen
Officer — Chairman and CEO · Director · 10% Owner
Period of report
May 9, 2016
Accepted (ET)
May 10, 2016 · 5:00 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000278041
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | May 9, 2016 | A | 10,995 | $1.91 | A | 285,575 | D | |
| Common Stock | May 9, 2016 | F | 7,668 | $1.91 | D | 277,907 | D | |
| Common StockF2 | holding | — | — | — | 867,107 | I | See Footnote. |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents shares received for payment of accrued dividends.
- F2Shares held by a Family Trust (i) 642,485 shares held directly and (ii) shares held indirectly through the Trust's controlling interest in the Caltar Corporation, of which Niels M. Johnsen is a shareholder, Vice President, and a Director. Mr. Johnsen disclaims beneficial ownership of the shares held by the Family Trust, except to the extent of his penuciary interest therein.
- F3Represents a disposition of shares to ISH in payment of withholding taxes