0000919574-21-004617.txt : 20210720
0000919574-21-004617.hdr.sgml : 20210720
20210720210405
ACCESSION NUMBER: 0000919574-21-004617
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210716
FILED AS OF DATE: 20210720
DATE AS OF CHANGE: 20210720
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: 211102496
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
2021-07-16
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
2021-07-16
4
F
0
19799
9.69
D
263863
D
Common Stock
2021-07-16
4
F
0
11297
9.69
D
252566
D
Common Stock
2021-07-16
4
F
0
20974
9.69
D
231592
D
Common Stock
2021-07-16
4
M
0
43066
A
274658
D
Common Stock
2021-07-16
4
F
0
16946
9.69
D
257712
D
Common Stock
2021-07-16
4
M
0
53300
A
311012
D
Common Stock
2021-07-16
4
F
0
20974
9.69
D
290038
D
Common Stock
2021-07-16
4
D
0
290038
D
0
D
Common Stock
2021-07-16
4
D
0
207812
D
0
I
Held by limited liability company
Performance Restricted Stock Unit
2021-07-16
4
M
0
43066
0
D
Common Stock
43066
53300
D
Performance Restricted Stock Unit
2021-07-16
4
M
0
53300
0
D
Common Stock
53300
0
D
Represents shares withheld by the Company to satisfy withholding taxes due in connection with the vesting of 50,316 restricted shares granted to the Reporting Person on May 15, 2019, which vested on July 16, 2021. The net settlement price was based upon the closing price of the Company's common shares on the New York Stock Exchange on the vesting date.
Represents shares withheld by the Company to satisfy withholding taxes due in connection with the vesting of 28,711 restricted shares granted to the Reporting Person on April 30, 2020, which vested on July 16, 2021. The net settlement price was based upon the closing price of the Company's common shares on the New York Stock Exchange on the vesting date.
Represents shares withheld by the Company to satisfy withholding taxes due in connection with the vesting of 53,300 restricted shares granted to the Reporting Person on March 18, 2021, which vested on July 16, 2021. The net settlement price was based upon the closing price of the Company's common shares on the New York Stock Exchange on the vesting date.
Represents shares acquired by the Reporting Person in connection with the vesting of the performance restricted stock unit ("PSU") award that was granted on April 30, 2020 pursuant to the Diamond S Shipping Inc. 2019 Equity and Incentive Compensation Plan.
Represents shares withheld by the Company to satisfy withholding taxes due in connection with the vesting of the PSU award granted to the Reporting Person on April 30, 2020, which vested on July 16, 2021. The net settlement price was based upon the closing price of the Company's common shares on the New York Stock Exchange on the vesting date.
Represents shares acquired by the Reporting Person in connection with the vesting of the PSU award that was granted on March 18, 2021 pursuant to the Diamond S Shipping Inc. 2019 Equity and Incentive Compensation Plan.
Represents shares withheld by the Company to satisfy withholding taxes due in connection with the vesting of the PSU award granted to the Reporting Person on March 18, 2021, which vested on July 16, 2021. The net settlement price was based upon the closing price of the Company's common shares on the New York Stock Exchange on the vesting date.
Disposed of in exchange for 160,608 shares of International Seaways, Inc. ("INSW") common stock in connection with the closing of the merger of INSW and the Company pursuant to that certain Agreement and Plan of Merger dated March 30, 2021, by and among INSW, the Company and Dispatch Transaction Sub, Inc. (the "INSW Merger Agreement").
Disposed of in exchange for 115,075 shares of INSW common stock in connection with the closing of the merger of INSW and the Company pursuant to the ISNW Merger 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 PSU represents a contingent right to receive one share of the Company's common stock.
The PSU award was granted on April 30, 2020 pursuant to the Diamond S Shipping Inc. 2019 Equity and Incentive Compensation Plan and vested in full on July 16, 2021.
The PSU award was granted on March 18, 2021 pursuant to the Diamond S Shipping Inc. 2019 Equity and Incentive Compensation Plan and vested in full on July 16, 2021.
/s/ Craig H. Stevenson, Jr.
2021-07-20