SEC Form 4 · accession 0001140361-16-061019
OVERSEAS SHIPHOLDING GROUP INC · OSG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ian T Blackley
Officer — President and CEO · Director
Period of report
Mar 29, 2016
Accepted (ET)
Apr 13, 2016 · 4:53 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 29, 2016 | J | 14 | $1.9688 | A | 70,498 | D | |
| Class B Common Stock, par value $.01 per shareF2 | Mar 29, 2016 | J | 122 | $2.2553 | A | 3,569 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These 14.014 shares of Class A Common Stock were acquired as the result of the reinvestment on March 29, 2016 of the cash dividend of $0.08 per share on the Class A Common Stock paid on March 25, 2016 with respect to approximately 344.828 shares of Class A Common Stock owned by the Reporting Person pursuant to a dividend reinvestment program sponsored by the broker who holds these shares for the Reporting Person (the "Reinvestment Program"). The total also includes an increase of 0.828 shares of Class A shares because of a rounding error on a prior stock dividend. The Reporting Person did not know about this reinvestment until recently.
- F2These 122.317 shares of Class B Common Stock were acquired as the result of the reinvestment on March 29, 2016 of the cash dividend of $0.08 on the Class B Common Stock paid on March 25, 2016 with respect to the Reporting Person's 3,447 shares of Class B Common Stock pursuant to the Reinvestment Program. The Reporting Person did not know about this reinvestment until recently.