0000899243-18-023217.txt : 20180824
0000899243-18-023217.hdr.sgml : 20180824
20180824160612
ACCESSION NUMBER: 0000899243-18-023217
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20180822
FILED AS OF DATE: 20180824
DATE AS OF CHANGE: 20180824
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: BlueMountain Capital Management, LLC
CENTRAL INDEX KEY: 0001427430
STATE OF INCORPORATION: DE
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-37836
FILM NUMBER: 181037117
BUSINESS ADDRESS:
STREET 1: 280 PARK AVENUE, 12TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10017
BUSINESS PHONE: (212) 905-3900
MAIL ADDRESS:
STREET 1: 280 PARK AVENUE, 12TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10017
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: BlueMountain GP Holdings, LLC
CENTRAL INDEX KEY: 0001540859
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-37836
FILM NUMBER: 181037118
BUSINESS ADDRESS:
STREET 1: 280 PARK AVENUE,
STREET 2: 12TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10017
BUSINESS PHONE: 212-905-3900
MAIL ADDRESS:
STREET 1: 280 PARK AVENUE,
STREET 2: 12TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10017
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: BlueMountain Long/Short Credit GP, LLC
CENTRAL INDEX KEY: 0001541088
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-37836
FILM NUMBER: 181037119
BUSINESS ADDRESS:
STREET 1: 280 PARK AVENUE, 12TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10017
BUSINESS PHONE: 212-905-3900
MAIL ADDRESS:
STREET 1: 280 PARK AVENUE, 12TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10017
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: BlueMountain Guadalupe Peak Fund L.P.
CENTRAL INDEX KEY: 0001598919
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-37836
FILM NUMBER: 181037120
BUSINESS ADDRESS:
STREET 1: 280 PARK AVENUE
STREET 2: 12TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10017
BUSINESS PHONE: 2129053900
MAIL ADDRESS:
STREET 1: 280 PARK AVENUE
STREET 2: 12TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10017
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: BLUEMOUNTAIN NAUTICAL LLC
CENTRAL INDEX KEY: 0001614634
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-37836
FILM NUMBER: 181037121
BUSINESS ADDRESS:
STREET 1: 280 PARK AVENUE, 12TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10017
BUSINESS PHONE: 2129053900
MAIL ADDRESS:
STREET 1: 280 PARK AVENUE, 12TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10017
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: International Seaways, Inc.
CENTRAL INDEX KEY: 0001679049
STANDARD INDUSTRIAL CLASSIFICATION: WATER TRANSPORTATION [4400]
IRS NUMBER: 980467117
STATE OF INCORPORATION: 1T
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 600 THIRD AVENUE
STREET 2: 39TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10016
BUSINESS PHONE: 2129534100
MAIL ADDRESS:
STREET 1: 600 THIRD AVENUE
STREET 2: 39TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10016
FORMER COMPANY:
FORMER CONFORMED NAME: OSG International, INC
DATE OF NAME CHANGE: 20160707
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2018-08-22
0
0001679049
International Seaways, Inc.
INSW
0001427430
BlueMountain Capital Management, LLC
280 PARK AVENUE, 12TH FLOOR
NEW YORK
NY
10017
0
0
1
0
0001540859
BlueMountain GP Holdings, LLC
280 PARK AVENUE, 12TH FLOOR
NEW YORK
NY
10017
0
0
1
0
0001541088
BlueMountain Long/Short Credit GP, LLC
280 PARK AVENUE, 12TH FLOOR
NEW YORK
NY
10017
0
0
1
0
0001598919
BlueMountain Guadalupe Peak Fund L.P.
280 PARK AVENUE, 12TH FLOOR
NEW YORK
NY
10017
0
0
1
0
0001614634
BLUEMOUNTAIN NAUTICAL LLC
280 PARK AVENUE, 12TH FLOOR
NEW YORK
NY
10017
0
0
1
0
Common Stock
2018-08-22
4
S
0
5000
20.82
D
3404442
I
Footnotes
Common Stock
2018-08-22
4
S
0
5000
20.82
D
3404442
I
Footnotes
Common Stock
2018-08-22
4
S
0
5000
20.82
D
3404442
I
Footnotes
Common Stock
2018-08-22
4
S
0
5000
20.82
D
3404442
I
Footnotes
Common Stock
2018-08-22
4
S
0
5000
20.82
D
3404442
D
Common Stock
2018-08-22
4
S
0
7000
20.65
D
3397442
I
Footnotes
Common Stock
2018-08-22
4
S
0
7000
20.65
D
3397442
I
Footnotes
Common Stock
2018-08-22
4
S
0
7000
20.65
D
3397442
I
Footnotes
Common Stock
2018-08-22
4
S
0
7000
20.65
D
3397442
I
Footnotes
Common Stock
2018-08-22
4
S
0
7000
20.65
D
3397442
D
Common Stock
2018-08-22
4
S
0
5000
20.74
D
3392442
I
Footnotes
Common Stock
2018-08-22
4
S
0
5000
20.74
D
3392442
I
Footnotes
Common Stock
2018-08-22
4
S
0
5000
20.74
D
3392442
I
Footnotes
Common Stock
2018-08-22
4
S
0
5000
20.74
D
3392442
I
Footnotes
Common Stock
2018-08-22
4
S
0
5000
20.74
D
3392442
D
Common Stock
2018-08-22
4
S
0
14682
20.95
D
3377760
I
Footnotes
Common Stock
2018-08-22
4
S
0
14682
20.95
D
3377760
I
Footnotes
Common Stock
2018-08-22
4
S
0
14682
20.95
D
3377760
I
Footnotes
Common Stock
2018-08-22
4
S
0
14682
20.95
D
3377760
I
Footnotes
Common Stock
2018-08-22
4
S
0
14682
20.95
D
3377760
D
Common Stock
2018-08-23
4
S
0
5000
20.90
D
3372760
I
Footnotes
Common Stock
2018-08-23
4
S
0
5000
20.90
D
3372760
I
Footnotes
Common Stock
2018-08-23
4
S
0
5000
20.90
D
3372760
I
Footnotes
Common Stock
2018-08-23
4
S
0
5000
20.90
D
3372760
I
Footnotes
Common Stock
2018-08-23
4
S
0
5000
20.90
D
3372760
D
Common Stock
2018-08-23
4
S
0
4721
21.10
D
3368039
I
Footnotes
Common Stock
2018-08-23
4
S
0
4721
21.10
D
3368039
I
Footnotes
Common Stock
2018-08-23
4
S
0
4721
21.10
D
3368039
I
Footnotes
Common Stock
2018-08-23
4
S
0
4721
21.10
D
3368039
I
Footnotes
Common Stock
2018-08-23
4
S
0
4721
21.10
D
3368039
D
The filing of this Form 4 shall not be construed as an admission that BlueMountain Capital Management, LLC ("BMCM"), GP Holdings or the General Partner (each as defined in Footnote 3 below) is or was for the purposes of Section 16(a) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise the beneficial owner of any of the shares of Common Stock, no par value (the "Common Stock"), of International Seaways, Inc. (the "Issuer"). Pursuant to Rule 16a-1(a)(4) of the Exchange Act, BMCM, GP Holdings and the General Partner disclaim such beneficial ownership, except to the extent of their respective pecuniary interest.
BMCM is the non-member manager of BlueMountain Nautical LLC ("Nautical"), which is the direct beneficial owner of 3,368,039 shares of Common Stock, and is the investment manager of BlueMountain Guadalupe Peak Fund L.P. ("Guadalupe"), which holds 100% of the membership interests of Nautical, and thus is an indirect beneficial owner of the Common Stock held by Nautical.
BMCM, although it directs the voting and disposition of the Common Stock held by Nautical, only receives an asset-based fee relating to the shares of Common Stock held by Nautical. BlueMountain Long/Short Credit GP, LLC (the "General Partner") is the general partner of Guadalupe and has an indirect profits interest in the Common Stock beneficially owned by Guadalupe. BlueMountain GP Holdings, LLC ("GP Holdings") is the sole owner of the General Partner, and thus has an indirect profits interest in the Common Stock beneficially owned by Guadalupe.
On August 22, 2018, Nautical sold 5,000, 7,000, 5,000 and 14,682 shares of Common Stock for $20.82, $20.65, $20.74 and $20.95 per share, respectively.
On August 23, 2018, Nautical sold 5,000 and 4,721 shares of Common Stock for $20.90 and $21.10 per share, respectively.
The Reporting Persons are jointly filing this Form 4 pursuant to Rule 16(a)-3(j) under the Exchange Act.
BlueMountain Capital Management, LLC, By: /s/ Eric M. Albert, Chief Compliance Officer
2018-08-24
BlueMountain GP Holdings, LLC, By: /s/ Eric M. Albert, Chief Compliance Officer
2018-08-24
BlueMountain Long/Short Credit GP, LLC, By: BlueMountain GP Holdings, LLC, By: /s/ Eric M. Albert, Chief Compliance Officer
2018-08-24
BlueMountain Guadalupe Peak Fund L.P., By: BlueMountain Long/Short Credit GP, LLC, By: BlueMountain GP Holdings, LLC, By: /s/ Eric M. Albert, Chief Compliance Officer
2018-08-24
BlueMountain Nautical LLC, By: BlueMountain Capital Management, LLC, By: /s/ Eric M. Albert, Chief Compliance Officer
2018-08-24