0000950170-24-036754.txt : 20240326 0000950170-24-036754.hdr.sgml : 20240326 20240326213658 ACCESSION NUMBER: 0000950170-24-036754 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240322 FILED AS OF DATE: 20240326 DATE AS OF CHANGE: 20240326 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Mote Damon CENTRAL INDEX KEY: 0001692987 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-06479 FILM NUMBER: 24785577 MAIL ADDRESS: STREET 1: 302 KNIGHTS RUN AVENUE STREET 2: SUITE 1200 CITY: TAMPA STATE: FL ZIP: 33602 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: OVERSEAS SHIPHOLDING GROUP INC CENTRAL INDEX KEY: 0000075208 STANDARD INDUSTRIAL CLASSIFICATION: DEEP SEA FOREIGN TRANSPORTATION OF FREIGHT [4412] ORGANIZATION NAME: 01 Energy & Transportation IRS NUMBER: 132637623 STATE OF INCORPORATION: FL FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: TWO HARBOUR PLACE STREET 2: 302 KNIGHTS RUN AVENUE, SUITE 1200 CITY: TAMPA STATE: FL ZIP: 33602 BUSINESS PHONE: 8132090600 MAIL ADDRESS: STREET 1: TWO HARBOUR PLACE STREET 2: 302 KNIGHTS RUN AVENUE, SUITE 1200 CITY: TAMPA STATE: FL ZIP: 33602 4 1 ownership.xml 4 X0508 4 2024-03-22 0000075208 OVERSEAS SHIPHOLDING GROUP INC OSG 0001692987 Mote Damon C/O OVERSEAS SHIPHOLDING GROUP, INC. 302 KNIGHTS RUN AVE, SUITE 1200 TAMPA FL 33602 false true false false VP & Chief Admin Officer false Class A Common Stock 2024-03-22 4 M false 15908 0 A 378111 D Class A Common Stock 2024-03-22 4 F false 3874 6.29 D 374237 D Class A Common Stock 2024-03-22 4 M false 23525 0 A 397762 D Class A Common Stock 2024-03-22 4 F false 6674 6.29 D 391088 D Class A Common Stock 2024-03-22 4 M false 17801 0 A 408889 D Class A Common Stock 2024-03-22 4 F false 7005 6.29 D 401884 D Class A Common Stock 2024-03-22 4 M false 12901 0 A 414785 D Class A Common Stock 2024-03-22 4 F false 5076 6.29 D 409709 D Performance Restricted Stock Units 2024-03-22 4 A false 15334 0 A Class A Common Stock 15334 15334 D Performance Restricted Stock Units 2024-03-22 4 A false 15334 0 A Class A Common Stock 15334 15334 D Restricted Stock Units 2024-03-22 4 A false 30668 0 A Class A Common Stock 30668 30668 D Restricted Stock Units 2024-03-22 4 M false 15908 0 D Class A Common Stock 15908 0 D Restricted Stock Units 2024-03-22 4 M false 23525 0 D Class A Common Stock 23525 23525 D Restricted Stock Units 2024-03-22 4 M false 17801 0 D Class A Common Stock 35604 35604 D Restricted Stock Units 2024-03-22 4 M false 12901 0 D Class A Common Stock 12901 21503 D Represents vesting of final installment of restricted stock units granted on March 23, 2021 pursuant to the Overseas Shipholding Group, Inc. 2019 Incentive Compensation Plan for Management. The units vest as to one-third of the units granted on the first, second and third anniversaries of the date of grant. Each unit represents the right to acquire one share of OSG Class A Common Stock. Represents shares of Class A Common Stock withheld by the registrant in payment of the reporting person's tax withholding liability incurred as a result of the vesting of the Restricted Stock Units and Performance Restricted Stock Units. These restricted stock units were granted on March 24, 2022 pursuant to the Overseas Shipholding Group, Inc. 2019 Incentive Compensation Plan for Management and vest as to one third of such units on each of the first, second and the third anniversaries of the date of grant. Each unit represents the right to acquire one share of Class A Common Stock. Settlement of vested units may be in either shares of Class A Common Stock or cash as determined by the Human Resources and Compensation Committee of the Board in its discretion. These restricted stock units were granted on March 23, 2023 pursuant to the Overseas Shipholding Group, Inc. 2019 Incentive Compensation Plan for Management and vest as to one third of such units on each of the first, second and the third anniversaries of the date of grant. Each unit represents the right to acquire one share of Class A Common Stock. Settlement of vested units may be in either shares of Class A Common Stock or cash as determined by the Human Resources and Compensation Committee of the Board in its discretion. Represents vesting of an installment of restricted stock units that were granted on March 24, 2022 pursuant to the Overseas Shipholding Group, Inc. 2019 Incentive Compensation Plan for Management. The units vest as to 20% of the units granted on the first anniversary, 30% on the second anniversary and 50% on the third anniversary, respectfully, of the date of grant. Each unit represents the right to acquire one share of Class A Common Stock. Settlement of vested units may be in either shares of Class A Common Stock or cash as determined by the Human Resources and Compensation Committee of the Board in its discretion. These restricted stock units were granted on March 22, 2024 pursuant to the Overseas Shipholding Group, Inc. 2019 Incentive Compensation Plan for Management and vest on December 31, 2026 (the end of the three-year performance period). Each unit represents the right to acquire one share of Class A Common Stock, subject to the satisfaction of the applicable performance goal. Settlement of the vested units may be in either shares of Class A Common Stock or cash, as determined by the Human Resources and Compensation Committee of the Board in its discretion. These restricted stock units were granted on March 22, 2024 pursuant to the Overseas Shipholding Group, Inc. 2019 Incentive Compensation Plan for Management and vest as to one third of such units on each of the first, second and the third anniversaries of the date of grant. Each unit represents the right to acquire one share of Class A Common Stock. Settlement of vested units may be in either shares of Class A Common Stock or cash as determined by the Human Resources and Compensation Committee of the Board in its discretion. /s/ Damon M. Mote 2024-03-26