X0201 4 2003-08-28 0 0000075208 OVERSEAS SHIPHOLDING GROUP INC OSG 0001239738 COWEN ROBERT N 511 FIFTH AVENUE NEW YORK NY 10017 1 1 0 0 Senior V.P., COO and Secretary Common Stock, par value $1.00 per share 2003-08-28 4 M 0 15000 12.5 A 20500 D Common Stock, par value $1.00 per share 2003-08-28 4 J 0 400 25.11 D 20100 D Common Stock, par value $1.00 per share 2003-08-28 4 J 0 5600 25.13 D 14500 D Common Stock, par value $1.00 per share 2003-08-28 4 J 0 1000 25.14 D 13500 D Common Stock, par value $1.00 per share 2003-08-28 4 J 0 1400 25.18 D 12100 D Common Stock, par value $1.00 per share 2003-08-28 4 J 0 2000 25.19 D 10100 D Common Stock, par value $1.00 per share 2003-08-28 4 J 0 300 25.2 D 9800 D Common Stock, par value $1.00 per share 2003-08-28 4 J 0 1200 25.22 D 8600 D Common Stock, par value $1.00 per share 2003-08-28 4 J 0 100 25.27 D 8500 D Common Stock, par value $1.00 per share 2003-08-28 4 J 0 200 25.28 D 8300 D Common Stock, par value $1.00 per share 2003-08-28 4 J 0 100 25.3 D 8200 D Common Stock, par value $1.00 per share 2003-08-28 4 J 0 300 25.37 D 7900 D Common Stock, par value $1.00 per share 2003-08-28 4 J 0 300 25.38 D 7600 D Common Stock, par value $1.00 per share 2003-08-28 4 J 0 2100 25.39 D 5500 D Stock Option (right to buy) 12.5 2003-08-28 4 M 0 15000 0 A 2002-06-08 2009-06-08 Common Stock 15000 7500 D Sold pursuant to a trading plan adopted pursuant to Rule 10b5-1 under the Securities Exchange Act of 1934, as amended. Robert N. Cowen 2003-08-28