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Filing Details

Accession Number:: 0000919574-22-003002
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2022-05-04 19:41:52
Reporting Period:: 2022-05-02

Accepted Time:: 2022-05-04 19:41:52
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1679049	International Seaways Inc.	INSW	()	4

Insiders

Cik	Name	Reported Address	Director	Officer	Large Shareholder	Other
1386989	Ltd. Holdings Greenwich	(See Remarks)	No	No	Yes	No
1560220	Ltd Finance Famatown	(See Remarks)	No	No	Yes	No
1731638	Ltd C.k.	(See Remarks)	No	No	Yes	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock, No Par Value	Acquisiton	2022-05-02	131,308	$20.74	8,166,856	No	4	P	Indirect	See footnotes
Common Stock, No Par Value	Acquisiton	2022-05-04	100,000	$21.71	8,266,856	No	4	P	Indirect	See footnotes

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Indirect	See footnotes
No	4	P	Indirect	See footnotes

Footnotes

The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $20.465 to $21.10. The reporting person undertakes to provide International Seaways, Inc., any security holder of International Seaways, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each price within the range set forth herein.
The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $21.57 to $22.28. The reporting person undertakes to provide International Seaways, Inc., any security holder of International Seaways, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each price within the range set forth herein.
These shares are directly held by Famatown Finance Ltd.
C.K. Limited is the trustee of two trusts (the "Trusts") settled by Mr. John Fredriksen. The Trusts indirectly hold all of the shares of Greenwich Holdings Limited and Famatown Finance Limited. Accordingly, C.K. Limited, as trustee, may be deemed to beneficially own the shares of common stock of the Issuer that are beneficially owned by Greenwich Holdings Limited and owned by Famatown Finance Ltd. The beneficiaries of the Trusts are members of Mr. Fredriksen's family. Mr. Fredriksen is neither a beneficiary nor a trustee of either Trust. Therefore, Mr. Fredriksen has no economic interest in such shares of common stock and Mr. Fredriksen disclaims any control over such shares of common stock, save for any indirect influence he may have with C.K. Limited, as the trustee of the Trusts, in his capacity as the settlor of the Trusts.