Form 4 for INSW International Seaways, Inc.
Accepted 2022-08-31 00:00:00 ET · period of report 2022-08-29 · accession 0001567619-22-016869 · 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 | 2022-08-31 | 2022-08-29 | INSW | Small James D III | CAO, SVP, GC, Sec | F - Tax | $31.05 | -19.7K | 51.7K | -28% | -$612.4K |
| D | 2022-08-31 | 2022-08-29 | INSW | Small James D III | CAO, SVP, GC, Sec | M - OptEx | $17.21 | +24.8K | 71.5K | +53% | +$426.3K |
| D | 2022-08-31 | 2022-08-29 | INSW | Small James D III | CAO, SVP, GC, Sec | M - OptEx | — | -24.8K | 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. | 2022-08-29 | F | D | 19,722 | $31.05 | 51,738 | 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. |
| 2 | Common | Common Stock, no par value per share. | 2022-08-29 | M | A | 24,771 | $17.21 | 71,460 | D | — | — | (F1) These stock options were exercised on a net share settlement basis. Accordingly, the company is delivering 5,049 shares to Mr. Small in connection with this option exercise, with no shares being sold externally. |
| 3 | Derivative | Stock Option (Right to Buy) | 2022-08-29 | M | D | 24,771 | — | 0 | D | $17.21 · 2022-04-05 to 2029-04-05 | 24,771 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 and were exercisable on April 5, 2022. |