-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, PlgkpHcIbHX4XlsUvxmjFErMVoPh4ww45gm07T3yFrs958iDXrO1QYJRz8vnFvOH F0pRmXyJWRBzlcIVWluMAA== 0001291428-07-000001.txt : 20070606 0001291428-07-000001.hdr.sgml : 20070606 20070606130815 ACCESSION NUMBER: 0001291428-07-000001 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20070605 FILED AS OF DATE: 20070606 DATE AS OF CHANGE: 20070606 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: OVERSEAS SHIPHOLDING GROUP INC CENTRAL INDEX KEY: 0000075208 STANDARD INDUSTRIAL CLASSIFICATION: DEEP SEA FOREIGN TRANSPORTATION OF FREIGHT [4412] IRS NUMBER: 132637623 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 666 THIRD AVENUE CITY: NEW YORK STATE: NY ZIP: 10017 BUSINESS PHONE: 2122511153 MAIL ADDRESS: STREET 1: 666 THIRD AVENUE CITY: NEW YORK STATE: NY ZIP: 10017 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Andreas III G. Allen CENTRAL INDEX KEY: 0001291428 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-06479 FILM NUMBER: 07903411 BUSINESS ADDRESS: BUSINESS PHONE: 212-521-5148 MAIL ADDRESS: STREET 1: 153 EAST 53RD STREET, 26TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 4 1 primary_doc.xml PRIMARY DOCUMENT X0202 4 2007-06-05 0 0000075208 OVERSEAS SHIPHOLDING GROUP INC OSG 0001291428 Andreas III G. Allen 1370 AVENUE OF THE AMERICAS NEW YORK NY 10017 1 0 0 0 Restricted Stock Units 2007-06-05 4 A 0 1000 0 A Common Stock 1000 1000 D Pursuant to the Issuer's 2004 Stock Incentive Plan, the Reporting Person was granted restricted stock units for service as a non-employee director of the Issuer. Each restricted stock unit represents a contingent right to receive one share of Common Stock of the Issuer upon the Reporting Person's termination of service as a Board member of the Issuer. The restricted stock units vest upon the earlier of (i) June 5, 2008 and (ii) the 2008 annual meeting of the stockholders of the Issuer. The restricted stock units have no voting rights, may not be transferred or otherwise disposed while the Reporting Person is a director of the Issuer and pay dividends in the form of additional restricted stock units at the same time dividends are paid on the Common Stock in an amount equal to the result obtained by dividing (i) the product of (x) the amount of units owned by the Reporting Person on the record date for the dividend on the Common Stock times (y) the dividend per share on the Common Stock by (ii) the closing price of a share of Common Stock on the payment date for the dividend on the Common Stock, which restricted stock units vest immediately upon payment. /s/James I. Edelson, Attorney-in-Fact pursuant to a power of attorney previously filed 2007-06-06 -----END PRIVACY-ENHANCED MESSAGE-----