Form 4 for INSW International Seaways, Inc.
Accepted 2022-10-25 00:00:00 ET · period of report 2022-10-21 · accession 0001567619-22-018760 · 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 | 2022-10-25 | 2022-10-21 | INSW | Small James D III | CAO, SVP, GC, Sec | M - OptEx | $27.54 | +42.5K | 98.7K | +75% | +$1.17M |
| D | 2022-10-25 | 2022-10-21 | INSW | Small James D III | CAO, SVP, GC, Sec | F - Tax | $40.37 | -36.3K | 62.4K | -37% | -$1.47M |
| D | 2022-10-25 | 2022-10-21 | INSW | Small James D III | CAO, SVP, GC, Sec | M - OptEx | — | -42.5K | 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. | 2022-10-21 | M | A | 42,452 | $27.54 | 98,723 | D | — | — | (F1) These stock options were exercised on a net share settlement basis. Accordingly, the Issuer is delivering in aggregate 6,148 shares to Mr. Small in connection with this option exercise, with no shares being sold externally. |
| 2 | Common | Common Stock, no par value per share. | 2022-10-21 | F | D | 36,304 | $40.37 | 62,419 | 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 | Derivative | Stock Option (Right to Buy) | 2022-10-21 | M | D | 42,452 | — | 0 | D | $27.54 · 2018-03-12 to 2025-03-12 | 42,452 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. (F1) These stock options were exercised on a net share settlement basis. Accordingly, the Issuer is delivering in aggregate 6,148 shares to Mr. Small in connection with this option exercise, with no shares being sold externally. (F3) 100% of the options vested on the date exercisable date. |