X0306 4 2014-08-05 0 0000075208 OVERSEAS SHIPHOLDING GROUP INC OSG 0001239715 FRIBOURG CHARLES 277 PARK AVENUE NEW YORK NY 10172 0 0 0 1 Former Director Class A Common Stock, par value $.01 per share 2014-08-05 4 J 0 6695244 3.00 A 6695244 I (1) Class B Common Stock, par value $.01 per share 2014-08-05 4 J 0 13611 A 13611 D Warrant for Class B Common Stock .01 2014-08-05 4 J 0 4709 A 2029-08-05 Class B Common Stock 4709 4709 I (3) These Class A shares of common stock were issued in connection with the equity rights offering under the Issuer's First Amended Joint Plan of Reorganization ("Plan") filed on May 26, 2014 with the U.S. Bankruptcy Court in the District of Delaware. These shares are held indirectly through an entity. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest in these shares. These shares were issued pusuant to the Plan in exchange for the reporting person's shares of Common Stock of the Issuer. These warrants were issued pursuant to the Plan in exchange for shares of Common Stock of the Issuer. The warrants may be converted to shares of Class B common stock at any time issuance of such shares is permitted by the Issuer's by-laws concerning ownership of shares by non-United States citizens. These shares are owned by the Reporting Person's spouse. The Reporting Person disclaims beneficial ownership of these shares. /s/James I. Edelson, Attorney-in-Fact pursuant to a power of attorney previously filed 2014-08-07