Form 4 for INSW International Seaways, Inc.
Accepted 2022-08-19 00:00:00 ET · period of report 2022-08-17 · accession 0001567619-22-016499 · 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 | 2022-08-19 | 2022-08-17 | INSW | Nugent William F. | SVP | M - OptEx | $19.33 | +42.4K | 33.2K | New | +$818.8K |
| DM | 2022-08-19 | 2022-08-17 | INSW | Nugent William F. | SVP | F - Tax | $30.03 | -34.8K | 33.0K | -51% | -$1.05M |
| DM | 2022-08-19 | 2022-08-17 | INSW | Nugent William F. | SVP | M - OptEx | — | -42.4K | 3,673 | -92% | — |
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 valuer per share | 2022-08-17 | M | A | 12,515 | $17.21 | 42,882 | D | — | — | (F1) These stock options were exercised on a net share settlement basis. |
| 2 | Common | Common Stock, no par valuer per share | 2022-08-17 | M | A | 7,346 | $21.93 | 40,375 | D | — | — | (F1) These stock options were exercised on a net share settlement basis. |
| 3 | Common | Common Stock, no par valuer per share | 2022-08-17 | F | D | 6,360 | $30.03 | 34,015 | 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. |
| 4 | Common | Common Stock, no par valuer per share | 2022-08-17 | M | A | 4,662 | $21.58 | 38,677 | D | — | — | (F1) These stock options were exercised on a net share settlement basis. |
| 5 | Common | Common Stock, no par valuer per share | 2022-08-17 | F | D | 4,009 | $30.03 | 34,668 | 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 valuer per share | 2022-08-17 | F | D | 9,299 | $30.03 | 30,367 | 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. |
| 7 | Common | Common Stock, no par valuer per share | 2022-08-17 | M | A | 11,748 | $17.46 | 38,666 | D | — | — | (F1) These stock options were exercised on a net share settlement basis. |
| 8 | Common | Common Stock, no par valuer per share | 2022-08-17 | F | D | 5,324 | $30.03 | 27,918 | 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. |
| 9 | Common | Common Stock, no par valuer per share | 2022-08-17 | M | A | 6,093 | $22.42 | 33,242 | D | — | — | (F1) These stock options were exercised on a net share settlement basis. |
| 10 | Common | Common Stock, no par valuer per share | 2022-08-17 | F | D | 9,853 | $30.03 | 33,029 | 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. |
| 11 | Derivative | Stock Option (Right to Buy) | 2022-08-17 | M | D | 11,748 | — | 0 | D | $17.46 · 2021-04-04 to 2028-04-04 | 11,748 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) 100% of the options vested on April 4, 2021. |
| 12 | Derivative | Stock Option (Right to Buy) | 2022-08-17 | M | D | 6,093 | — | 0 | D | $22.42 · 2020-08-03 to 2027-08-03 | 6,093 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 August 3, 2020. |
| 13 | Derivative | Stock Option (Right to Buy) | 2022-08-17 | M | D | 4,662 | — | 9,324 | D | $21.58 · 2022-03-17 to 2031-03-17 | 4,662 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. (F7) 33% of the options granted on March 17, 2021 had vested and were exercisable on March 17, 2022. |
| 14 | Derivative | Stock Option (Right to Buy) | 2022-08-17 | M | D | 12,515 | — | 0 | D | $17.21 · 2022-04-05 to 2029-04-05 | 12,515 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) 100% of the options vested on April 5, 2022. |
| 15 | Derivative | Stock Option (Right to Buy) | 2022-08-17 | M | D | 7,346 | — | 3,673 | D | $21.93 · 2022-04-02 to 2030-04-02 | 7,346 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. (F6) 66% of the options granted on April 2, 2020 had vested and were exercisable on April 2, 2022. |