X0201 4 2003-11-26 0 0000075208 OVERSEAS SHIPHOLDING GROUP INC OSG 0001239741 JOHNSTON ROBERT E 511 FIFTH AVENUE NEW YORK NY 10017 0 1 0 0 SVP & Chief Commercial Officer Common Stock, par value $1.00 per share 2003-11-26 4 M 0 16800 14.625 A 17585 D Common Stock, par value $1.00 per share 2003-11-26 4 J 0 3300 28.78 D 14285 D Common Stock, par value $1.00 per share 2003-11-26 4 J 0 100 28.76 D 14185 D Common Stock, par value $1.00 per share 2003-11-26 4 J 0 13400 28.75 D 785 D Common Stock, par value $1.00 per share 2003-11-28 4 M 0 900 14.625 A 1685 D Common Stock, par value $1.00 per share 2003-11-28 4 J 0 900 28.75 D 785 D Common Stock, par value $1.00 per share 3749 I (1) Stock Option (right to buy) 14.625 2003-11-26 4 M 0 16800 0 D 2003-02-01 2010-02-01 Common Stock 16800 52200 D Stock Option (right to buy) 14.625 2003-11-28 4 M 0 900 0 D 2003-02-01 2010-02-01 Common Stock 900 51300 D The reporting person indirectly owns these 3,749 shares of common stock through the Overseas Shipholding Group, Inc. 2000 Employee Stock Purchase Plan. /s/James I. Edelson, Attorney-in-Fact pursuant to power of attorney previously filed 2003-12-01