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