0000950170-24-023400.txt : 20240229
0000950170-24-023400.hdr.sgml : 20240229
20240229185413
ACCESSION NUMBER: 0000950170-24-023400
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240227
FILED AS OF DATE: 20240229
DATE AS OF CHANGE: 20240229
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Mote Damon
CENTRAL INDEX KEY: 0001692987
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-06479
FILM NUMBER: 24706147
MAIL ADDRESS:
STREET 1: 302 KNIGHTS RUN AVENUE
STREET 2: SUITE 1200
CITY: TAMPA
STATE: FL
ZIP: 33602
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: OVERSEAS SHIPHOLDING GROUP INC
CENTRAL INDEX KEY: 0000075208
STANDARD INDUSTRIAL CLASSIFICATION: DEEP SEA FOREIGN TRANSPORTATION OF FREIGHT [4412]
ORGANIZATION NAME: 01 Energy & Transportation
IRS NUMBER: 132637623
STATE OF INCORPORATION: FL
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: TWO HARBOUR PLACE
STREET 2: 302 KNIGHTS RUN AVENUE, SUITE 1200
CITY: TAMPA
STATE: FL
ZIP: 33602
BUSINESS PHONE: 8132090600
MAIL ADDRESS:
STREET 1: TWO HARBOUR PLACE
STREET 2: 302 KNIGHTS RUN AVENUE, SUITE 1200
CITY: TAMPA
STATE: FL
ZIP: 33602
4
1
ownership.xml
4
X0508
4
2024-02-27
false
0000075208
OVERSEAS SHIPHOLDING GROUP INC
OSG
0001692987
Mote Damon
C/O OVERSEAS SHIPHOLDING GROUP, INC.
302 KNIGHTS RUN AVE, SUITE 1200
TAMPA
FL
33602
false
true
false
false
VP & Chief Admin Officer
false
Class A Common Stock
2024-02-27
4
A
false
47244
0.00
A
374750
D
Class A Common Stock
2024-02-27
4
F
false
12547
5.27
D
362203
D
Performance Restricted Stock Units
0.00
2024-02-27
4
M
false
23861
0.00
D
Class A Common Stock
22190
22190
D
Performance Restricted Stock Units
0.00
2024-02-27
4
M
false
23861
0.00
D
Class A Common Stock
25054
25054
D
Represents vesting of performance-based restricted stock units ("PRSU") granted on March 23, 2021, pursuant to the Overseas Shipholding Group, Inc. 2019 Incentive Compensation Plan for Management. On February 27, 2024, the Compensation Committee certified at 105% achievement these PRSU awards based on the Company's three-year total shareholder return ("TSR") relative to the three-year TSR of the index chosen, with the performance period ended 12/31/2023. Each unit represents the right to acquire one share of Class A Common Stock.
Represents vesting of performance-based restricted stock units ("PRSU") granted on March 23, 2021, pursuant to the Overseas Shipholding Group, Inc. 2019 Incentive Compensation Plan for Management. On February 27, 2024, the Compensation Committee certified at 93% achievement these PRSU awards based on the Company's cumulative return on invested capital ("ROIC") relative to the Company's budgeted ROIC for the three-year performance period ended 12/31/2023. Each unit represents the right to acquire one share of Class A Common Stock.
Represents shares of Class A Common Stock withheld by the registrant in payment of the reporting person's tax withholding liability incurred as a result of the vesting of the PRSUs described in Footnotes (1) & (2).
/s/ Damon M. Mote
2024-02-29