International Seaways, Inc. — Director's Dealing 2021

Mar 18, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: International Seaways, Inc. (INSW)
CIK: 0001679049
Period of Report: 2021-03-16

Reporting Person: Zabrocky Lois K (Director, President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-03-16	Common Stock, no par value per share	J	26336	—	Acquired	65113	Direct
2021-03-16	Common Stock, no par value per share	F	8920	—	Disposed	56193	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-03-16	Performance Restricted Stock Units	$21.42	D	26336	Disposed		Common Stock (26336)	Direct

Footnotes

F1: These 26,336 shares of Common Stock were acquired upon the vesting of 26,336 performance restricted stock units on March 16, 2021 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, 8,920 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 26,336 performance restricted stock units vested on March 16, 2021 and were settled in shares of Common Stock as reported in Table I of this Form 4.