-----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, EzbKXJZ1colYAc/bpSVUnS0X7YZA8Y1JtKlfPgGvQJh8IRpCvVVBbTU82N9lD78P oI+aS9XS6BSdUcJFVYfiuQ== 0000937741-97-000005.txt : 19970115 0000937741-97-000005.hdr.sgml : 19970115 ACCESSION NUMBER: 0000937741-97-000005 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19970114 SROS: NYSE SROS: PSE SUBJECT COMPANY: 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 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-10333 FILM NUMBER: 97505739 BUSINESS ADDRESS: STREET 1: 1114 AVE OF THE AMERICAS CITY: NEW YORK STATE: NY ZIP: 10036 BUSINESS PHONE: 2128691222 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: HERMANN MERKIN CENTRAL INDEX KEY: 0000937741 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 415 MADISON AVE STREET 2: 3RD FLR CITY: NEW YORK STATE: NY ZIP: 10017 BUSINESS PHONE: 212-5251470 MAIL ADDRESS: STREET 1: 415 MADISON AVE STREET 2: 3RD FLR CITY: NEW YORK STATE: NY ZIP: 10017 SC 13G/A 1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 17) OVERSEAS SHIPHOLDING GROUP, INC. (Name of Issuer) Common Stock (Par Value $1.00 per share) (Title of Class of Securities) 690368 10 5 (Cusip Number) Check the following box if a fee is being paid with this statement [ ]. (A fee is not required only if the reporting person: (1) has a previous statement on file reporting beneficial ownership of more than five percent of the class of securities described in Item 1; and (2) has filed no amendment subsequent thereto reporting beneficial ownership of five percent or less of such class.) (See Rule 13d-7). *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). 1. NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON HERMANN MERKIN 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [ X ] 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION UNITED STATES 5. SOLE VOTING POWER 162,209 NUMBER OF SHARES 6. SHARED VOTING POWER BENEFICIALLY 2,986,416 OWNED BY EACH 7. SOLE DISPOSITIVE POWER REPORTING 162,209 PERSON WITH 8. SHARED DISPOSITIVE POWER 2,986,416 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,148,625 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 8.7% 12. TYPE OF REPORTING PERSON IN Hermann Merkin hereby files the following as an amendment to his Schedule 13G pursuant to Section 13(g) of the Securities Exchange Act of 1934 and the rules thereunder by amending and restating Items 4 and 6 thereof in their entirety and providing supplemental information: Item 1(a) Name of Issuer: Overseas Shipholding Group, Inc. Item 1(b) Address of Issuer's Principal Executive Offices: 1114 Avenue of the Americas New York, N.Y. 10036 Item 2(a) Name of Person Filing: Hermann Merkin Item 2(b) Address of Principal Business Office or, if none, Residence: 415 Madison Avenue - 3rd floor New York, New York 10017 Item 2(c) Citizenship: United States of America Item 2(d) Title of Class of Securities: Common Stock (par value $1 per share) Item 2(e) CUSIP Number: 690368 10 5 Item 3. Not Applicable Item 4. Ownership THE INFORMATION SET FORTH IN ITEM 4 IS AMENDED AND RESTATED IN ITS ENTIRETY AS FOLLOWS: (a) Amount Beneficially Owned: 3,148,625 (b) Percent of Class: 8.7% (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote - 162,209 (ii) shared power to vote or to direct the vote - 2,986,416 (iii) sole power to dispose or to direct the disposition of - 162,209 (iv) shared power to dispose or to direct the disposition of - 2,986,416 Item 5. Ownership of Five Percent or Less of a Class. Not Applicable Item 6. Ownership of More than Five Percent on Behalf of Another Person. THE INFORMATION SET FORTH IN ITEM 6 IS AMENDED AND RESTATED IN ITS ENTIRETY AS FOLLOWS: The 2,986,416 shares of common stock listed under (ii) and (iv) of Item 4(c), constituting approximately 8.2% of the class, are owned by OSG Holdings, a New York partnership in which the undersigned is a 17.6% partner. The other principal partners in OSG Holdings and their respective approximate percentage interest in said partnership are as follows: EST Associates (a New York partnership) - 36.68%; and Raphael Recanati and Diane Recanati, as tenants in common - 25%. OSG Holdings has the right to receive and the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company. Not Applicable Item 8. Identification and Classification of Members of the Group. Not Applicable Item 9. Notice of Dissolution of Group. Not Applicable Item 10. Certification. After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. January 13, 1997 Date s/Hermann Merkin Signature Hermann Merkin Name/Title -----END PRIVACY-ENHANCED MESSAGE-----