SEC Form 4 · accession 0001140361-16-068458
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
May 16, 2016
Accepted (ET)
Jun 3, 2016 · 4:23 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 B Common Stock, par value $.01 per shareF1 | May 16, 2016 | J | 337 | $1.9053 | A | 3,906 | D | |
| Class B Common Stock, par value $.01 per shareF2 | May 27, 2016 | J | 3,906 | — | D | 0 | D | |
| Class A Common Stock, par value $.01 per shareF2 | May 27, 2016 | J | 3,906 | $0.00 | A | 74,404 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These 336.687 shares of Class B Common Stock were acquired as the result of the reinvestment on May 16, 2016 of the cash dividend of $0.17968 on the Class B Common Stock paid on May 13, 2016 with respect to the Reporting Person's 3,569.797 shares of Class B Common Stock pursuant to a dividend reinvestment program sponsored by the broker who holds these shares for the Reporting Person. The Reporting Person did not know about this reinvestment until recently.
- F2On May 27, 2016, all shares of Class B common stock were converted by the Registrant to an equal number of shares of Class A Common Stock.