0001140361-12-007006.txt : 20120210
0001140361-12-007006.hdr.sgml : 20120210
20120210170101
ACCESSION NUMBER: 0001140361-12-007006
CONFORMED SUBMISSION TYPE: 5
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20111231
FILED AS OF DATE: 20120210
DATE AS OF CHANGE: 20120210
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: INTERNATIONAL SHIPHOLDING CORP
CENTRAL INDEX KEY: 0000278041
STANDARD INDUSTRIAL CLASSIFICATION: DEEP SEA FOREIGN TRANSPORTATION OF FREIGHT [4412]
IRS NUMBER: 362989662
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1028
BUSINESS ADDRESS:
STREET 1: 11 NORTH WATER STREET
STREET 2: SUITE # 18290
CITY: MOBILE
STATE: AL
ZIP: 36602
BUSINESS PHONE: 2512439100
MAIL ADDRESS:
STREET 1: P.O. BOX 2004
CITY: MOBILE
STATE: AL
ZIP: 36652
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: JOHNSEN ERIK F
CENTRAL INDEX KEY: 0000903342
FILING VALUES:
FORM TYPE: 5
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-10852
FILM NUMBER: 12593828
MAIL ADDRESS:
STREET 1: 650 POYDRAS ST
STREET 2: STE 1700
CITY: NEW ORLEANS
STATE: LA
ZIP: 70130
5
1
doc1.xml
FORM 5
X0304
5
2011-12-31
0
0
1
0000278041
INTERNATIONAL SHIPHOLDING CORP
ISH
0000903342
JOHNSEN ERIK F
11 NORTH WATER STREET
SUITE 18290
MOBILE
AL
36602
1
0
0
0
Common Stock
110050
D
Common Stock
2011-11-22
4
G
0
L
25369
0.00
D
66087
I
By LLC
Common Stock
2011-11-22
4
S
0
L
47796
0
D
18291
I
By LLC
Common Stock
774.60
I
See footnote
On October 27, 2011, the reporting person transferred 91,456 shares of his directly-held shares to EFJ Family Investments, LLC, a limited liability company (the "LLC"). At the time of transfer, the reporting person was the sole member and manager of the LLC.
On November 22, 2011, the reporting person (a) made gifts totaling an approximate 27.7% ownership interest in the LLC to four family trusts and a non-profit entity and (b) sold an approximate 52.3% interest in the LLC to the same four family trusts, in exchange for a promissory note from each in the principal amount of $750,000 (total $3 million). Each of the four promissory notes accrues simple interest at an annual rate of 1.20% and requires annual interest payments by the respective trust, with the principal amount plus any accrued but unpaid interest to be paid in full on November 22, 2020.
The reported securities are among the assets held by the LLC, a limited liability company of which the reporting person is a member and manager. The reporting person disclaims beneficial ownership of the ISH common stock held by the LLC except to the extent of his pecuniary interest therein.
As General Partner of Limited Partnership.
/s/ Erik F Johnsen
2012-02-10