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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
75208	Overseas Shipholding Group Inc	OSGIQ	Deep Sea Foreign Transportation Of Freight (4412)	132637623

Insiders

Cik	Name	Reported Address	Director	Officer	Large Shareholder	Other
1166564	Cyrus Capital Partners, L.p.	339 Park Avenue, 39Th Floor New York NY 10022	No	No	Yes	No
1166774	Cyrus Capital Partners Gp, Llc	339 Park Avenue, 39Th Floor New York NY 10022	No	No	Yes	No
1251783	C Stephen Freidheim	339 Park Avenue, 39Th Floor New York NY 10022	No	No	Yes	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Class A Common Stock	Disposition	2014-08-21	250,000	$3.65	57,766,268	No	4	S	Indirect	By investment manager to Cyrus Polaris II LLC

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	By investment manager to Cyrus Polaris II LLC

Footnotes

For reporting purposes, the aggregate amount of Class A Common Stock deemed to be beneficially owned is calculated based on an aggregate of 49,399,028 shares of Issuer Class A Common Stock and 8,367,240 shares of Class A Common Stock issuable upon the exercise of 8,367,240 Warrants.
As the principal of Cyrus Capital Partners, L.P ("CCP"), the investment manager to Cyrus Polaris II LLC, and as the principal of Cyrus Capital Partners GP, L.L.C. ("CCPGP"), the general partner of CCP, Stephen C. Freidheim may be deemed the beneficial owner of a portion of the 3,336,789 shares of Class A Common Stock owned by Cyrus Polaris II LLC following the disposition reported above. Further, as the principal of CCP and as the principal of CCPGP, Stephen C. Freidheim may also continue to be deemed to be the beneficial owner of a portion of shares of Class A Common Stock owned by
(continued from footnote 2) Cyrus Polaris LLC and certain other funds, respectively, to which CCP is the investment manager, which were reported on Form 3 on August 19, 2014, and which comprise in aggregate the remaining 57,766,268 shares of Class A Common Stock included within the total shown in box 5 of table I above. All discretion over the investment activities Cyrus Polaris II LLC, Cyrus Polaris LLC and such other funds has been granted to CCP. Neither CCP nor CCPGP has a pecuniary interest in Cyrus Polaris II LLC, Cyrus Polaris LLC and such other funds.