0000919574-21-004614.txt : 20210720 0000919574-21-004614.hdr.sgml : 20210720 20210720210033 ACCESSION NUMBER: 0000919574-21-004614 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: Kilcullen Kevin M CENTRAL INDEX KEY: 0001602996 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38771 FILM NUMBER: 211102493 MAIL ADDRESS: STREET 1: C/O PRINCIPAL MARITIME MGMT, LLC STREET 2: 3530 POST ROAD CITY: SOUTHPORT STATE: CT ZIP: 06890 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 0001602996 Kilcullen Kevin M 33 BENEDICT PLACE, 2ND FLOOR GREENWICH CT 06830 0 1 0 0 Chief Financial Officer Common Stock 2021-07-16 4 F 0 6993 9.69 D 71951 D Common Stock 2021-07-16 4 F 0 5930 9.69 D 66021 D Common Stock 2021-07-16 4 F 0 11009 9.69 D 55012 D Common Stock 2021-07-16 4 M 0 20000 A 75012 D Common Stock 2021-07-16 4 F 0 8895 9.69 D 66117 D Common Stock 2021-07-16 4 M 0 24752 A 90869 D Common Stock 2021-07-16 4 F 0 11009 9.69 D 79860 D Common Stock 2021-07-16 4 D 0 79860 D 0 D Performance Restricted Stock Unit 2021-07-16 4 M 0 20000 0 D Common Stock 20000 24752 D Performance Restricted Stock Unit 2021-07-16 4 M 0 24752 0 D Common Stock 24752 0 D Represents shares withheld by the Company to satisfy withholding taxes due in connection with the vesting of 15,724 restricted shares granted to the Reporting Person on May 10, 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 13,334 restricted shares granted to the Reporting Person on April 28, 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 24,752 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 28, 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 28, 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 44,222 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"). Each PSU represents a contingent right to receive one share of the Company's common stock. The PSU award was granted on April 28, 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/ Kevin M. Kilcullen 2021-07-20