0000919574-22-003002.txt : 20220504 0000919574-22-003002.hdr.sgml : 20220504 20220504194152 ACCESSION NUMBER: 0000919574-22-003002 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20220502 FILED AS OF DATE: 20220504 DATE AS OF CHANGE: 20220504 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: GREENWICH HOLDINGS LTD. CENTRAL INDEX KEY: 0001386989 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-37836 FILM NUMBER: 22893439 BUSINESS ADDRESS: STREET 1: DEANA BEACH APARTMENTS, BLOCK 1, 4TH FL. STREET 2: 33 PROMACHON ELEFTHERIAS STREET CITY: LIMASSOL STATE: G4 ZIP: CY 4103 BUSINESS PHONE: 011-357-5326 111 MAIL ADDRESS: STREET 1: C/O SEATANKERS MANAGEMENT CO. LTD. STREET 2: P.O. BOX 53562 CITY: LIMASSOL STATE: G4 ZIP: CY 3399 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: C.K. Ltd CENTRAL INDEX KEY: 0001731638 STATE OF INCORPORATION: Y9 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-37836 FILM NUMBER: 22893438 BUSINESS ADDRESS: STREET 1: 28 ESPLANADE STREET CITY: ST. HELIER STATE: Y9 ZIP: JE4 2QP BUSINESS PHONE: 44-0-1534-702161 MAIL ADDRESS: STREET 1: 28 ESPLANADE STREET CITY: ST. HELIER STATE: Y9 ZIP: JE4 2QP REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Famatown Finance Ltd CENTRAL INDEX KEY: 0001560220 STATE OF INCORPORATION: G4 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-37836 FILM NUMBER: 22893440 BUSINESS ADDRESS: STREET 1: DEANA BEACH APARTMENTS, BLOCK 1, 4TH FL. STREET 2: 33 PROMACHON ELEFTHERIAS STREET CITY: LIMASSOL STATE: G4 ZIP: CY 4103 BUSINESS PHONE: 357 25 858 300 MAIL ADDRESS: STREET 1: C/O SEATANKERS MANAGEMENT CO. LTD STREET 2: P. O. BOX 53562 CITY: LIMASSOL STATE: G4 ZIP: CY 3399 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: International Seaways, Inc. CENTRAL INDEX KEY: 0001679049 STANDARD INDUSTRIAL CLASSIFICATION: WATER TRANSPORTATION [4400] IRS NUMBER: 980467117 STATE OF INCORPORATION: 1T FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 600 THIRD AVENUE STREET 2: 39TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10016 BUSINESS PHONE: 2129534100 MAIL ADDRESS: STREET 1: 600 THIRD AVENUE STREET 2: 39TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10016 FORMER COMPANY: FORMER CONFORMED NAME: OSG International, INC DATE OF NAME CHANGE: 20160707 4 1 ownership.xml X0306 4 2022-05-02 0 0001679049 International Seaways, Inc. INSW 0001560220 Famatown Finance Ltd (SEE REMARKS) 0 0 1 0 0001386989 GREENWICH HOLDINGS LTD. (SEE REMARKS) 0 0 1 0 0001731638 C.K. Ltd (SEE REMARKS) 0 0 1 0 Common Stock, no par value 2022-05-02 4 P 0 131308 20.742 A 8166856 I See footnotes Common Stock, no par value 2022-05-04 4 P 0 100000 21.714 A 8266856 I See footnotes The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $20.465 to $21.10. The reporting person undertakes to provide International Seaways, Inc., any security holder of International Seaways, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each price within the range set forth herein. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $21.57 to $22.28. The reporting person undertakes to provide International Seaways, Inc., any security holder of International Seaways, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each price within the range set forth herein. These shares are directly held by Famatown Finance Ltd. C.K. Limited is the trustee of two trusts (the "Trusts") settled by Mr. John Fredriksen. The Trusts indirectly hold all of the shares of Greenwich Holdings Limited and Famatown Finance Limited. Accordingly, C.K. Limited, as trustee, may be deemed to beneficially own the shares of common stock of the Issuer that are beneficially owned by Greenwich Holdings Limited and owned by Famatown Finance Ltd. The beneficiaries of the Trusts are members of Mr. Fredriksen's family. Mr. Fredriksen is neither a beneficiary nor a trustee of either Trust. Therefore, Mr. Fredriksen has no economic interest in such shares of common stock and Mr. Fredriksen disclaims any control over such shares of common stock, save for any indirect influence he may have with C.K. Limited, as the trustee of the Trusts, in his capacity as the settlor of the Trusts. Each reporting person disclaims beneficial ownership of all the shares reported in this Form 4 except to the extent of such reporting person's respective pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose. The address of Famatown Finance Ltd.'s principal place of business is Deana Beach Apartments, Block 1, 4th Floor, 33 Promachon Eleftherias Street, Ayios Athanasios, 4103 Limassol, Cyprus. The address of Greenwich Holdings' principal place of business is Deana Beach Apartments, Block 1, 4th Floor, 33 Promachon Eleftherias Street, Ayios Athanasios, 4103 Limassol, Cyprus. The address of C.K. Limited's principal place of business is JTC House, 28 Esplanade, St. Helier, Jersey, Channel Islands JE4 2QP. /s/ Spyros Episkopou, Director for Famatown Finance Ltd. 2022-05-04 /s/ Spyros Episkopou, Director for Greenwich Holdings Limited 2022-05-04 /s/ Spyros Episkopou, Director for C.K. Limited 2022-05-04