Filing Details

Accession Number:
0001567619-20-000397
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-01-03 17:39:26
Reporting Period:
2019-12-31
Accepted Time:
2020-01-03 17:39:26
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1679049 International Seaways Inc. INSW () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1303205 Jeffrey Pribor C/O International Seaways, Inc.
600 Third Avenue, 39Th Floor
New York NY 10016
Svp, Cfo & Treasurer No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock, No Par Value Per Share Acquisiton 2019-12-31 11,882 $0.00 23,874 No 4 J Direct
Common Stock, No Par Value Per Share Disposition 2019-12-31 4,381 $0.00 19,493 No 4 F Direct
Common Stock, No Par Value Per Share Disposition 2020-01-02 1,000 $29.80 18,493 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 J Direct
No 4 F Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Restricted Stock Units Disposition 2019-12-31 11,882 $0.00 11,882 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 No 4 D Direct
Footnotes
  1. These 11,882 shares of Common Stock were acquired upon the vesting of 11,882 restricted stock units on December 31, 2019 pursuant to the International Seaways, Inc. Management Incentive Compensation Plan (the "Plan") which vested units settled in shares of Common Stock. In connection with the vesting of the units, 4,381 shares were withheld by INSW in payment of the Reporting Person's tax withholding liability incurred as a result of the vesting of the units.
  2. This sale was effected pursuant to a Rule 10b5-1 trading plan executed by the reporting person on March 26, 2019.
  3. These 11,882 restricted stock units vested on December 31, 2019 and were settled in shares of Common Stock as reported in Table I of this Form 4.