Form 4 for INSW International Seaways, Inc.
Accepted 2024-05-10 00:00:00 ET · period of report 2024-05-08 · accession 0001679049-24-000069 · 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 | 2024-05-10 | 2024-05-08 | INSW | Nugent William F. | SVP | M - OptEx | $21.58 | +4,662 | 60.9K | +8% | +$100.6K |
| D | 2024-05-10 | 2024-05-08 | INSW | Nugent William F. | SVP | F - Tax | $61.29 | -3,110 | 57.8K | -5% | -$190.6K |
| D | 2024-05-10 | 2024-05-08 | INSW | Nugent William F. | SVP | M - OptEx | — | +4,662 | 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 | 2024-05-08 | M | A | 4,662 | $21.58 | 60,913 | D | — | — | (F1) These stock options were exercised on a net share settlement basis. Accordingly, the Issuer is delivering in aggregate 1,552 shares to Mr. Nugent in connection with these option exercises, with no shares being sold externally. |
| 2 | Common | Common Stock, no par value per share | 2024-05-08 | F | D | 3,110 | $61.29 | 57,803 | 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) | 2024-05-08 | M | A | 4,662 | — | 0 | D | $21.58 · 2024-03-17 to 2032-03-17 | 4,662 Common Stock | (F3) 100% of these options were vested on the Date Exercisable date. |