SEC Form 4 · accession 0001140361-15-012783
OVERSEAS SHIPHOLDING GROUP INC · OSG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John J. Ray III
Other
Period of report
Mar 18, 2015
Accepted (ET)
Mar 20, 2015 · 1:33 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000075208
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock, par value $.01 per shareF1 | Mar 18, 2015 | J | 26,051 | $0.00 | D | 32,282 | D | |
| Class B Common Stock, par value $.01 per share | holding | — | — | — | 0 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1In connection with the Reporting Person's resignation as a director of the Issuer on March 3, 2015, the Issuer decided to accelerate the vesting of 32,282 shares of Class A common stock that would have vested on August 13, 2015 (representing a pro rata portion of the grant of 58,333 shares of Class A common stock that the Reporting Person was originally granted on August 13, 2014 based on the portion of the one year vesting period that the Reporting Person served as a director) and the Reporting Person forfeited 26,051 shares of Class A common stock (the remaining portion of the original grant of 58,333 shares).