International Seaways, Inc. — Director's Dealing 2022

Oct 5, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: International Seaways, Inc. (INSW)
CIK: 0001679049
Period of Report: 2022-10-03

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-10-03	Common Stock, no par value per share	M	14942	$30.93	Acquired	126921	Direct
2022-10-03	Common Stock, no par value per share	F	14090	$34.99	Disposed	112831	Direct
2022-10-03	Common Stock, no par value per share	M	51314	$17.21	Acquired	164145	Direct
2022-10-03	Common Stock, no par value per share	F	38511	$34.99	Disposed	125634	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-10-03	Stock Option (Right to Buy)	$30.93	M	14942	Disposed	2024-09-29	Common Stock (14942)	Direct
2022-10-03	Stock Option (Right to Buy)	$17.21	M	51314	Disposed	2029-04-05	Common Stock (51314)	Direct

Footnotes

F1: These stock options were exercised on a net share settlement basis. Accordingly, the company is delivering in aggregate 13,653 shares to Mrs. Zabrocky in connection with this option exercise, with no shares being sold externally.

F2: Represents the number of shares withheld by the Issuer to satisfy (i) the aggregate exercise price for the options and (ii) withholding taxes related to such exercise.

F3: 100% of these options vested on the date exercisable date.