Stevenson Craig H Jr's Form 4/A amendment
AmendedInternational Seaways, Inc. (INSW) · filed Feb 1, 2023
- Accession no.
- 0001567619-23-001667
- Filed
- Feb 1, 2023
- Trade date
- Oct 21, 2022
- Filing delay
- 103 days
- Rule 10b5-1 plan
- Not on the form (before 2023)
- Original filed
- Oct 25, 2022
This filing lists 1 non-derivative transaction. Open-market sales total $2.00M. It was filed 103 days after the trade.
This amendment replaces 0001567619-22-018761 (filed Oct 25, 2022).
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.
| Owner | Relationship to the company |
|---|---|
| Stevenson Craig H JrCIK 0001088231 | Director |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Oct 21, 2022 | Common Stock, no par value per share | SSaleDisposed | −50,000 | $40.01F2 | −$2,000,500 | 65,075 | Indirect |
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 transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan executed by the reporting person on September 19, 2022. This amendment corrects an inadvertent error in the Form 4 filed on October 25, 2022 in that the shares sold as reported on that form were held indirectly by the reporting person through Pecos Shipping LLC. The total number of shares held by the reporting person on the reporting date remains unchanged.
- F2
This transaction was executed in multiple trades at prices ranging from $40.0000 to $40.0200. The price reported reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
Referenced by the price of 1 transaction in Table I.
- F3
These shares of common stock are held by Pecos Shipping LLC, of which Mr. Stevenson is the controlling member. The filing of the Form 4 should not be deemed an admission that Mr. Stevenson is the beneficial owner of these 65,075 shares of common stock, except to the extent of his pecuniary interest.