Form 4 for INSW International Seaways, Inc.
Accepted 2022-08-26 00:00:00 ET · period of report 2022-08-24 · accession 0001567619-22-016714 · 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 | 2022-08-26 | 2022-08-24 | INSW | Solon Derek G. | SVP | F - Tax | $30.21 | -31.5K | 27.6K | -53% | -$950.3K |
| DM | 2022-08-26 | 2022-08-24 | INSW | Solon Derek G. | SVP | M - OptEx | $19.06 | +38.6K | 40.3K | +2,331% | +$736.0K |
| DM | 2022-08-26 | 2022-08-24 | INSW | Solon Derek G. | SVP | M - OptEx | — | -38.6K | 0 | -100% | — |
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 | 2022-08-24 | F | D | 9,811 | $30.21 | 32,919 | D | — | — | (F2) Represents the number of shares withheld by the Issuer to satisfy (i) the aggregate exercise price for the options and (ii) witholding taxes related to such exercise. |
| 2 | Common | Common Stock, no par value per share | 2022-08-24 | F | D | 6,336 | $30.21 | 33,929 | D | — | — | (F2) Represents the number of shares withheld by the Issuer to satisfy (i) the aggregate exercise price for the options and (ii) witholding taxes related to such exercise. |
| 3 | Common | Common Stock, no par value per share | 2022-08-24 | M | A | 12,515 | $17.21 | 42,730 | D | — | — | (F1) These stock options were exercised on a net share settlement basis. |
| 4 | Common | Common Stock, no par value per share | 2022-08-24 | F | D | 9,663 | $30.21 | 30,215 | D | — | — | (F2) Represents the number of shares withheld by the Issuer to satisfy (i) the aggregate exercise price for the options and (ii) witholding taxes related to such exercise. |
| 5 | Common | Common Stock, no par value per share | 2022-08-24 | M | A | 12,262 | $17.46 | 39,878 | D | — | — | (F1) These stock options were exercised on a net share settlement basis. |
| 6 | Common | Common Stock, no par value per share | 2022-08-24 | F | D | 5,647 | $30.21 | 27,616 | D | — | — | (F2) Represents the number of shares withheld by the Issuer to satisfy (i) the aggregate exercise price for the options and (ii) witholding taxes related to such exercise. |
| 7 | Common | Common Stock, no par value per share | 2022-08-24 | M | A | 6,486 | $22.42 | 33,263 | D | — | — | (F1) These stock options were exercised on a net share settlement basis. |
| 8 | Common | Common Stock, no par value per share | 2022-08-24 | M | A | 7,346 | $21.93 | 40,265 | D | — | — | (F1) These stock options were exercised on a net share settlement basis. |
| 9 | Derivative | Stock Option (Right to Buy) | 2022-08-24 | M | D | 12,262 | — | 0 | D | $17.46 · 2021-04-04 to 2028-04-04 | 12,262 Common Stock | (F2) Represents the number of shares withheld by the Issuer to satisfy (i) the aggregate exercise price for the options and (ii) witholding taxes related to such exercise. (F3) 100% of these options were vested on the date exercisable date. |
| 10 | Derivative | Stock Option (Right to Buy) | 2022-08-24 | 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) witholding taxes related to such exercise. (F3) 100% of these options were vested on the date exercisable date. |
| 11 | Derivative | Stock Option (Right to Buy) | 2022-08-24 | 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) witholding taxes related to such exercise. (F4) 66% of the options granted on April 4, 2020 had vested and were exercisable on April 2, 2022. |
| 12 | Derivative | Stock Option (Right to Buy) | 2022-08-24 | M | D | 6,486 | — | 0 | D | $22.42 · 2020-08-03 to 2027-08-03 | 6,486 Common Stock | (F2) Represents the number of shares withheld by the Issuer to satisfy (i) the aggregate exercise price for the options and (ii) witholding taxes related to such exercise. (F3) 100% of these options were vested on the date exercisable date. |