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EX-99.1 - EXHIBIT 99.1 - OVERSEAS SHIPHOLDING GROUP INCv432035_ex99-1.htm

 



United States

Securities and Exchange Commission

Washington, D.C. 20549

 

 

 

FORM 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 OR 15(d) of the

Securities Exchange Act of 1934

 

February 16, 2016 (February 16, 2016)

 

Date of Report (Date of earliest event reported)

 

 

Overseas Shipholding Group, Inc.

 

(Exact Name of Registrant as Specified in Charter)

 

 

1-6479-1

 

Commission File Number

 

 

Delaware   13-2637623
(State or other jurisdiction of incorporation or organization)   (I.R.S. Employer Identification Number)

 

 

 

1301 Avenue of the Americas

 

New York, New York 10019

 

 

(Address of Principal Executive Offices) (Zip Code)

 

 

 

Registrant's telephone number, including area code (212) 953-4100

 

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

 

 

 

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 
 

 

Section 8 – Other Events

 

Item 8.01  Other Events.

 

On February 16, 2016, Overseas Shipholding Group, Inc. (“OSG”) issued a press release announcing that, in connection with the previously-announced settlement of its lawsuit against Proskauer Rose LLP, its Board of Directors expects to declare a dividend of approximately $0.16 to $0.18 per Class B common share and to make a cash distribution of approximately $0.16 to $0.18 per Class B warrant. A copy of the press release is attached as Exhibit 99.1 and is incorporated herein by reference.

 

Section 9 – Financial Statements and Exhibits

 

Item 9.01 Financial Statements and Exhibits.

 

(d) Exhibits

 

Exhibit No. Description
99.1 Press Release dated February 16, 2016.

 

 

 
 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 


  OVERSEAS SHIPHOLDING GROUP, INC.   
    (Registrant)
     
Date: February 16, 2016 By /s/ James D. Small III
    Name: James D. Small III
    Title: Senior Vice President, Secretary & General Counsel

 

EXHIBIT INDEX

 

Exhibit No. Description
99.1 Press Release dated February 16, 2016.