X0306 4 2012-09-27 0 0000075208 OVERSEAS SHIPHOLDING GROUP INC OSG 0001291428 ANDREAS III G. ALLEN 200 EAST 71ST STREET APT. 17C NEW YORK NY 10021 0 0 0 1 Former Director Restricted Stock Units 2012-09-27 4 D 0 5000 0 A Common Stock 0 5000 D As previously reported, pursuant to the Issuer's 2004 Stock Incentive Plan, as amended and restated as of June 14, 2012, on June 14, 2012 the Reporting Person was granted restricted stock units which represent a contingent right to receive one share of Common Stock of the Issuer for each unit. On September 27, 2012, the Reporting Person ceased to own these units. /s/James I. Edelson, Attorney-in-Fact pursuant to a power of attorney previously filed 2012-10-01