0000919574-21-002555.txt : 20210319
0000919574-21-002555.hdr.sgml : 20210319
20210319163146
ACCESSION NUMBER: 0000919574-21-002555
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210318
FILED AS OF DATE: 20210319
DATE AS OF CHANGE: 20210319
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: STEVENSON CRAIG H JR
CENTRAL INDEX KEY: 0001088231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38771
FILM NUMBER: 21758608
MAIL ADDRESS:
STREET 1: C/O OMI CORP
STREET 2: ONE STATION PL
CITY: STAMFORD
STATE: CT
ZIP: 06902
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Diamond S Shipping Inc.
CENTRAL INDEX KEY: 0001761940
STANDARD INDUSTRIAL CLASSIFICATION: TRANSPORTATION SERVICES [4700]
IRS NUMBER: 000000000
STATE OF INCORPORATION: 1T
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 33 BENEDICT PLACE 2ND FLOOR
CITY: GREENWICH
STATE: CT
ZIP: 06830
BUSINESS PHONE: (203) 413-2000
MAIL ADDRESS:
STREET 1: 33 BENEDICT PLACE 2ND FLOOR
CITY: GREENWICH
STATE: CT
ZIP: 06830
FORMER COMPANY:
FORMER CONFORMED NAME: ATHENA SPINCO INC.
DATE OF NAME CHANGE: 20190227
FORMER COMPANY:
FORMER CONFORMED NAME: DIAMOND S SHIPPING INC.
DATE OF NAME CHANGE: 20190225
FORMER COMPANY:
FORMER CONFORMED NAME: ATHENA SPINCO INC.
DATE OF NAME CHANGE: 20181214
4
1
ownership.xml
X0306
4
2021-03-18
0
0001761940
Diamond S Shipping Inc.
DSSI
0001088231
STEVENSON CRAIG H JR
33 BENEDICT PLACE, 2ND FLOOR
GREENWICH
CT
06830
1
1
0
0
CEO, President
Common Stock
2021-03-18
4
A
0
53300
0
A
285181
D
Common Stock
207812
I
Held by limited liability company
Performance Restricted Stock Unit
2021-03-18
4
A
0
53300
0
A
Common Stock
53300
96366
D
The award represents a grant of restricted shares pursuant to the Diamond S Shipping Inc. 2019 Equity and Incentive Compensation Plan (the "2019 Equity Plan"). The award vests in three equal annual installments on March 18, 2022, March 18, 2023 and March 18, 2024 so long as the Reporting Person continuously serves as an employee from the award date through each applicable vesting date (subject to certain exceptions, as described in the award agreement).
These shares of common stock are held by Pecos Shipping LLC, of which Mr. Stevenson is the controlling member. The filing of this Form 4 should not be deemed an admission that Mr. Stevenson is the beneficial owner of these 207,812 shares of common stock, except to the extent of his pecuniary interest.
Each performance restricted stock unit ("PSU") represents a contingent right to receive one share of the Company's common stock.
The award represents a grant of PSUs pursuant to the 2019 Equity Plan. Under the terms of the award agreement, to the extent that the performance requirements are satisfied, the reporting person may receive up to 66,625 PSUs, which will vest on March 18, 2024 and are determined based upon relative total shareholder return against certain peer tanker companies, measured over the period from January 1, 2021 to December 31, 2023.
/s/ Craig H. Stevenson, Jr.
2021-03-19