Overseas Shipholding Group (OSG): BHR Capital Reduces Stake

Page 3 of 6 – SEC Filing

CUSIP No. 69036R103
  1. 

Names of
Reporting Persons.

BHR-OSG On-Shore Funding LLC

  2.

Check the Appropriate Box if a Member
of a Group (See Instructions)

(a)  ¨        (b)  ¨

  3.

SEC Use Only

  4.

Source of Funds (See Instructions)

WC

  5.

Check if Disclosure of Legal
Proceedings Is Required Pursuant to Items 2(d) or 2(e)  ¨

  6.

Citizenship or Place of
Organization

Delaware

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With

  7. 

Sole Voting Power

4,050,307

  8.

Shared Voting Power

0

  9.

Sole Dispositive Power

4,050,307

10.

Shared Dispositive Power

0

11.

Aggregate Amount Beneficially Owned by Each Reporting Person

4,050,307

12.

Check if the Aggregate Amount in Row
(11) Excludes Certain Shares (See Instructions)  ¨

13.

Percent of Class Represented by Amount
in Row (11)

5.9%

14.

Type of Reporting Person (See
Instructions)

OO

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