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Greenwich Holdings Ltd.'s Form 4 filing

International Seaways, Inc. (INSW) · filed May 4, 2022

Accession no.
0000919574-22-003002
Filed
May 4, 2022, 7:41 PM ET
Trade date
May 2-4, 2022
Filing delay
2 days
Rule 10b5-1 plan
Not on the form (before 2023)

This filing lists 2 non-derivative transactions. Open-market purchases total $4.89M. It was filed 2 days after the trade.

This filing was later replaced by the amendment 0000919574-22-003010 (May 5, 2022). Trade tables on this site use the amended version.

Reporting owners

A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.

Reporting owners on this filing
OwnerRelationship to the company
Greenwich Holdings Ltd.CIK 000138698910% Owner
Famatown Finance LtdCIK 000156022010% Owner
C.K. LtdCIK 000173163810% Owner

Non-derivative securities (Table I)

Acquisitions and disposals of common stock and similar shares, one row per line on the filing.

Non-derivative transactions
Trade dateSecurityTransactionSharesPriceValueShares afterOwnershipFlags
May 2, 2022Common Stock, no par valuePPurchaseAcquired+131,308$20.74F1+$2,723,590.548,166,856Indirect
May 4, 2022Common Stock, no par valuePPurchaseAcquired+100,000$21.71F2+$2,171,4008,266,856Indirect

Footnotes and remarks

Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.

F1

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.

Referenced by the price of 1 transaction in Table I.

F2

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.

Referenced by the price of 1 transaction in Table I.

Remarks

Each reporting person disclaims beneficial ownership of all the shares reported in this Form 4 except to the extent of such reporting person's respective pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose. The address of Famatown Finance Ltd.'s principal place of business is Deana Beach Apartments, Block 1, 4th Floor, 33 Promachon Eleftherias Street, Ayios Athanasios, 4103 Limassol, Cyprus. The address of Greenwich Holdings' principal place of business is Deana Beach Apartments, Block 1, 4th Floor, 33 Promachon Eleftherias Street, Ayios Athanasios, 4103 Limassol, Cyprus. The address of C.K. Limited's principal place of business is JTC House, 28 Esplanade, St. Helier, Jersey, Channel Islands JE4 2QP.

Read the full filing on SEC EDGAR (opens in a new tab)