Form 4 for INSW International Seaways, Inc.
Accepted 2024-04-09 00:00:00 ET · period of report 2024-04-07 · accession 0001679049-24-000063 · 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 | 2024-04-09 | 2024-04-07 | INSW | Small James D III | CAO, SVP, GC, Sec | F - Tax | — | -8,337 | 62.6K | -12% | — |
| D | 2024-04-09 | 2024-04-07 | INSW | Small James D III | CAO, SVP, GC, Sec | J - Other | — | +15.3K | 71.0K | +27% | — |
| DM | 2024-04-09 | 2024-04-07 | INSW | Small James D III | CAO, SVP, GC, Sec | D - Sale to Iss | — | +15.3K | 9,415 | 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 | 2024-04-07 | F | D | 8,337 | — | 62,638 | D | — | — | (F1) These 15,298 shares of Common Stock are being acquired in connection with the vesting of (1) 9,414 restricted stock units on April 7, 2024 pursuant to the International Seaways, Inc. 2020 Management Incentive Compensation Plan (the "2020 Plan") and (2) 5,884 restricted stock units on April 7, 2024 pursuant to the 2020 Plan which vested units are being settled in shares of Common Stock. In connection with the vesting of the 15,298 units, 8,337 shares are being withheld by International Seaways, Inc. in payment of the Reporting Person's tax withholding liability incurred as a result of the vesting of the units. |
| 2 | Common | Comon Stock | 2024-04-07 | J | A | 15,298 | — | 70,975 | D | — | — | (F1) These 15,298 shares of Common Stock are being acquired in connection with the vesting of (1) 9,414 restricted stock units on April 7, 2024 pursuant to the International Seaways, Inc. 2020 Management Incentive Compensation Plan (the "2020 Plan") and (2) 5,884 restricted stock units on April 7, 2024 pursuant to the 2020 Plan which vested units are being settled in shares of Common Stock. In connection with the vesting of the 15,298 units, 8,337 shares are being withheld by International Seaways, Inc. in payment of the Reporting Person's tax withholding liability incurred as a result of the vesting of the units. |
| 3 | Derivative | Restricted Stock Units | 2024-04-07 | D | A | 5,884 | — | 5,884 | D | $0.00 · — to — | 5,884 Common Stock | (F3) These 5,884 restricted stock units vested on April 7, 2024 and are being settled in shares of Common Stock as reported in Table I of this Form 4. |
| 4 | Derivative | Restricted Stock Units | 2024-04-07 | D | A | 9,414 | — | 9,415 | D | $0.00 · — to — | 9,414 Common Stock | (F2) These 9,414 restricted stock units vested on April 7, 2024 and are being settled in shares of Common Stock as reported in Table I of this Form 4. |