Sec Form 4 Filing - Zabrocky Lois K @ OVERSEAS SHIPHOLDING GROUP INC - 2013-09-25

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Zabrocky Lois K
2. Issuer Name and Ticker or Trading Symbol
OVERSEAS SHIPHOLDING GROUP INC [ OSGIQ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
SVP & Head of Int'l Flag SBUs
(Last) (First) (Middle)
1301 AVENUE OF THE AMERICAS, 42ND FLOOR
3. Date of Earliest Transaction (MM/DD/YY)
09/25/2013
(Street)
NEW YORK, NY10019
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock, par value $1.00 per share 12/31/2011( 1 ) J 592 ( 1 ) A 28,614 ( 1 ) D
Common Stock, par value $1.00 per share 09/25/2013 S 500 D $ 2 28,114 D
Common Stock, par value $1.00 per share 09/25/2013 S 1,402 D $ 1.86 26,712 D
Common Stock, par value $1.00 per share 09/25/2013 S 2,500 D $ 1.86 24,212 D
Common Stock, par value $1.00 per share 09/25/2013 S 8,500 D $ 1.87 15,712 D ( 2 )
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Zabrocky Lois K
1301 AVENUE OF THE AMERICAS
42ND FLOOR
NEW YORK, NY10019
SVP & Head of Int'l Flag SBUs
Signatures
/s/James I. Edelson, Attorney-in-Fact, pursuant to power of attorney previously filed 09/27/2013
Signature of Reporting Person Date
Explanation of Responses:
( 1 )These 592 shares were acquired during 2009-2011 pursuant to a dividend reinvestment plan which provided for broad-based participation, does not discriminate in favor of employees of Overseas Shipholding Group, Inc. and operates on substantially the same terms for plan participants. The reporting person inadvertently did not include these shares in her prior filings.
( 2 )All these 15,712 shares of common stock are subject to vesting restrictions.

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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