SEC Form 4 · accession 0001140361-16-070675
OVERSEAS SHIPHOLDING GROUP INC · OSG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Ronald Steger
Director
Period of report
Jun 22, 2016
Accepted (ET)
Jun 23, 2016 · 5:22 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 | Jun 13, 2016 | J | 52,074 | $0.00 | D | 10,414 | D | |
| Class A Common Stock, par value $.01 per shareF2 | Jun 22, 2016 | J | 8,432 | $0.00 | A | 18,846 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On June 13, 2016, the Issuer effected a reverse stock split of one new share of Class A Common Stock issued in exchange for every six existing shares of Class A Common Stock, resulting in the Reporting Person owning 10,414 new shares of Class A Common Stock in exchange for the 62,488 existing shares of Class A Common Stock owned by the Reporting Person.
- F2These 8,432 shares of Class A Common Stock were granted to the Reporting Person by the Issuer on June 23, 2016 pursuant to the Issuer's Non-Employee Director Incentive Compensation Plan and vest on the earlier of (i) June 8, 2017 and (ii) the date of the annual meeting of stockholders in 2017.