International Seaways, Inc. — Director's Dealing 2020

Dec 15, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: International Seaways, Inc. (INSW)
CIK: 0001679049
Period of Report: 2020-12-11

Reporting Person: Small James D III (CAO,SVP,Sec. & General Counsel)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-12-11	Common Stock, no par value per share	J	4338	—	Acquired	46933	Direct
2020-12-11	Common Stock, no par value per share	F	1648	—	Disposed	45285	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-12-11	Restricted Stock Units	$18.66	D	4338	Disposed		Common Stock (4338)	Direct

Footnotes

F1: These 4,338 shares of Common Stock were acquired upon the vesting of 4,338 restricted stock units on December 11, 2020 pursuant to the International Seaways, Inc. Management Incentive Compensation Plan (the "Plan") which vested units settled in shares of Common Stock. In connection with the vesting of the units, 1,648 shares were withheld by International Seaways, Inc. ("INSW") in payment of the Reporting Person's tax withholding liability incurred as a result of the vesting of the units.

F2: These 4,338 restricted stock units vested on December 11, 2020 and were settled in shares of Common Stock as reported in Table I of this Form 4.