Form 4 for INSW International Seaways, Inc.
Accepted 2022-08-17 00:00:00 ET · period of report 2022-08-15 · accession 0001567619-22-016420 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2022-08-17 | 2022-08-15 | INSW | Oshodi Adewale | VP, Ctrl | M - OptEx | $19.33 | +10.1K | 6,537 | New | +$194.8K |
| DM | 2022-08-17 | 2022-08-15 | INSW | Oshodi Adewale | VP, Ctrl | F - Tax | $28.74 | -8,502 | 5,171 | -62% | -$244.3K |
| DM | 2022-08-17 | 2022-08-15 | INSW | Oshodi Adewale | VP, Ctrl | M - OptEx | — | -10.1K | 3,101 | -76% | — |
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 | 2022-08-15 | M | A | 3,084 | $21.93 | 7,722 | D | — | — | (F1) These stock options were exercised on a net share settlement basis. |
| 2 | Common | Common Stock, no par value per share | 2022-08-15 | F | D | 4,401 | $28.74 | 4,638 | D | — | — | (F2) Represents the number of shares withheld by the Issuer to satisfy (i) the aggregate exercise price for the options and (ii) withholding taxes related to such exercise. |
| 3 | Common | Common Stock, no par value per share | 2022-08-15 | M | A | 5,443 | $17.21 | 9,039 | D | — | — | (F1) These stock options were exercised on a net share settlement basis. |
| 4 | Common | Common Stock, no par value per share | 2022-08-15 | F | D | 2,735 | $28.74 | 4,987 | D | — | — | (F2) Represents the number of shares withheld by the Issuer to satisfy (i) the aggregate exercise price for the options and (ii) withholding taxes related to such exercise. |
| 5 | Common | Common Stock, no par value per share | 2022-08-15 | F | D | 1,366 | $28.74 | 5,171 | D | — | — | (F2) Represents the number of shares withheld by the Issuer to satisfy (i) the aggregate exercise price for the options and (ii) withholding taxes related to such exercise. |
| 6 | Common | Common Stock, no par value per share | 2022-08-15 | M | A | 1,550 | $21.58 | 6,537 | D | — | — | (F1) These stock options were exercised on a net share settlement basis. |
| 7 | Derivative | Stock Option (Right to Buy) | 2022-08-15 | M | D | 5,443 | — | 0 | D | $17.21 · 2022-04-05 to 2029-04-05 | 5,443 Common Stock | (F2) Represents the number of shares withheld by the Issuer to satisfy (i) the aggregate exercise price for the options and (ii) withholding taxes related to such exercise. (F3) 100% of the options vested on April 5, 2022. |
| 8 | Derivative | Stock Option (Right to Buy) | 2022-08-15 | M | D | 3,084 | — | 1,543 | D | $21.93 · 2022-04-02 to 2030-04-02 | 3,084 Common Stock | (F2) Represents the number of shares withheld by the Issuer to satisfy (i) the aggregate exercise price for the options and (ii) withholding taxes related to such exercise. (F4) 66% of the options granted on April 2, 2020 had vested and were exercisable on April 2, 2022. |
| 9 | Derivative | Stock Option (Right to Buy) | 2022-08-15 | M | D | 1,550 | — | 3,101 | D | $21.58 · 2022-03-17 to 2031-03-16 | 1,550 Common Stock | (F2) Represents the number of shares withheld by the Issuer to satisfy (i) the aggregate exercise price for the options and (ii) withholding taxes related to such exercise. (F5) 33% of the options granted on March 17, 2021 had vested and were exercisable on March 17, 2022. |