Form 4 for INSW International Seaways, Inc.
Accepted 2022-03-18 00:00:00 ET · period of report 2022-03-17 · accession 0001567619-22-007239 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-03-18 | 2022-03-17 | INSW | Pribor Jeffrey | SVP, CFO, T | J - Other | — | +4,093 | 49.5K | +9% | — |
| D | 2022-03-18 | 2022-03-17 | INSW | Pribor Jeffrey | SVP, CFO, T | F - Tax | — | -1,819 | 47.7K | -4% | — |
| D | 2022-03-18 | 2022-03-17 | INSW | Pribor Jeffrey | SVP, CFO, T | D - Sale to Iss | — | -4,093 | 8,186 | -33% | — |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock, no par value per share | 2022-03-17 | J | A | 4,093 | — | 49,500 | D | — | — | (F1) These 4,093 shares of Common Stock are being acquired in connection with the vesting of 4,093 restricted stock units on March 17, 2022 pursuant to the International Seaways, Inc. Management Incentive Compensation Plan (the "Plan") which vested units are being settled in shares of Common Stock. In connection with the vesting of the units, 1,819 shares are being withheld by International Seaways, Inc. ("INSW") in payment of the Reporting Person's tax withholding liability incurred as a result of the vesting of the units. |
| 2 | Common | Common Stock, no par value per share | 2022-03-17 | F | D | 1,819 | — | 47,681 | D | — | — | (F1) These 4,093 shares of Common Stock are being acquired in connection with the vesting of 4,093 restricted stock units on March 17, 2022 pursuant to the International Seaways, Inc. Management Incentive Compensation Plan (the "Plan") which vested units are being settled in shares of Common Stock. In connection with the vesting of the units, 1,819 shares are being withheld by International Seaways, Inc. ("INSW") in payment of the Reporting Person's tax withholding liability incurred as a result of the vesting of the units. |
| 3 | Derivative | Restricted Stock Units | 2022-03-17 | D | D | 4,093 | — | 8,186 | D | $0.00 · — to — | 4,093 Common Stock | (F2) These 4,093 restricted stock units vested on March 17, 2022 and are being settled in shares of Common Stock as reported in Table I of this Form 4. |