Form 4 for INSW International Seaways, Inc.
Accepted 2022-11-10 00:00:00 ET · period of report 2022-11-08 · accession 0001567619-22-019579 · 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 | 2022-11-10 | 2022-11-08 | INSW | Pribor Jeffrey | SVP, CFO, Treas | F - Tax | $45.17 | -56.2K | 68.6K | -45% | -$2.54M |
| D | 2022-11-10 | 2022-11-08 | INSW | Pribor Jeffrey | SVP, CFO, Treas | M - OptEx | $18.21 | +79.5K | 124.8K | +175% | +$1.45M |
| D | 2022-11-10 | 2022-11-08 | INSW | Pribor Jeffrey | SVP, CFO, Treas | M - OptEx | — | +79.5K | 0 | New | — |
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 | 2022-11-08 | F | D | 56,245 | $45.17 | 68,594 | 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 | 2022-11-08 | M | A | 79,491 | $18.21 | 124,839 | D | — | — | (F1) These stock options were exercised on a net share settlement basis. Accordingly, the Issuer is delivering in aggregate 23,246 shares to Mr. Pribor in connection with this option exercise, with no shares being sold externally. |
| 3 | Derivative | Stock Option (Right to Buy) | 2022-11-08 | M | A | 79,491 | — | 0 | D | $18.21 · 2020-02-14 to 2027-02-14 | 79,491 Common Stock | (F1) These stock options were exercised on a net share settlement basis. Accordingly, the Issuer is delivering in aggregate 23,246 shares to Mr. Pribor in connection with this option exercise, with no shares being sold externally. (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 the date exercisable date. |