Filing Details
- Accession Number:
- 0001654954-17-000750
- Form Type:
- 13G Filing
- Publication Date:
- 2017-02-06 06:02:39
- Filed By:
- Johnsen Niels M
- Company:
- International Shipholding Corp (NYSE:ISHC)
- Filing Date:
- 2017-02-06
- SEC Url:
- 13G Filing
Ownership Summary
Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.
| Name | Sole Voting Power | Shared Voting Power | Sole Dispositive Power | Shared Dispositive Power | Aggregate Amount Owned Power | Percent of Class |
|---|---|---|---|---|---|---|
| JOHNSEN NIELS M | 277,907 | 867,107 | 277,907 | 867,107 | 1,145,014 | 15.4% |
Filing
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
SCHEDULE
13G
(Amendment No.
14)
Under the
Securities Exchange Act of 1934
| | International Shipholding
Corporation | |
| | (Name of
Issuer) | |
| | | |
| | Common
Stock, $1.00 par value | |
| | (Title of Class of
Securities) | |
| | | |
| | 460321201 | |
| | (CUSIP
Number) | |
| | | |
| | December
31, 2016 | |
| | (Date of Event
Which Requires Filing of this Statement) | |
| | | |
Check the
appropriate box to designate the rule pursuant to which
this Schedule is filed
| ☐ | Rule
13d-1(b) |
| ☒ | Rule
13d-1(c) |
| ☐ | Rule
13d-1(d) |
The remainder of
this cover page shall be filled out for a reporting person's initial
filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which
would alter the disclosures provided in a prior cover
page.
The information
required in the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the
Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that
section of the Act but shall be subject to all other provisions
of the Act (however,
see the Notes).
CUSIP No.
460321201
| 1. | Names of Reporting
Persons. I.R.S.
Identification Nos. of above persons (entities only). JOHNSEN NIELS M | ||
| 2. | Check the
Appropriate Box if a Member of a Group (See
Instructions) (a) ☐ (b) ☐ | ||
| 3. | SEC Use
Only | ||
| 4. | Citizenship of
Place of Organization United States of
America | ||
| Number of
Shares Beneficially Owned by
Each Reporting
Person With | 5. | Sole Voting
Power 277,907 | |
| 6. | Shared Voting
Power 867,107 | ||
| 7. | Sole Dispositive
Power 277,907 | ||
| 8. | Shared Dispositive
Power 867,107 | ||
| 9. | Aggregate Amount
Beneficially Owned by each Reporting Person 1,145,014 | ||
| 10. | Check if the
Aggregate Amount in Row (9) Excludes Certain Shares
☐ | ||
| 11. | Percent of Class
Represented by Amount in Row 9 15.4% | ||
| 12. | Type of Reporting
Person (See Instructions) IN | ||
FOOTNOTES
Based on 7,436,834
total shares outstanding as confirmed by American Stock Transfer on
December 31, 2016.
Item 1.
| | (a) | Name of
Issuer |
| | | International
Shipholding Corporation |
| | (b) | Address
of Issuer’s Principal Executive Offices |
| | | 601
Poydras Street Suite 1850 New Orleans, LA 70130 |
Item 2.
| | (a) | Name of
Person Filing |
| | | Niels
Mercer Johnsen |
| | (b) | Address
of Principal Business Office or, if none, Residence |
| | | One
Liberty Plaza 23rd
Floor New York, New York 10006 |
| | (c) | Citizenship |
| | | United
States of America |
| | (d) | Title
of Class of Securities |
| | | Common
Stock, $1.00 par value |
| | (e) | CUSIP
Number |
| | | 460321201 |
|
Item 3. |
If this statement is filed pursuant to §§240.13d-1(b) or
240.13d-2(b) or (c), check whether the person filing is
a: |
| | (a) | ☐ | Broker
or dealer registered under section 15 of the Act (15 U.S.C.
78o). |
| | (b) | ☐ | Bank as
defined in section 3(a)(6) of the Act (15 U.S.C. 78c). |
| | (c) | ☐ | Insurance
company as defined in section 3(a)(19) of the Act (15 U.S.C.
78c). |
| | (d) | ☐ | Investment
company registered under section 8 of the Investment Company Act of
1940 (15 U.S.C 80a-8). |
| | (e) | ☐ | An
investment adviser in accordance with
§240.13d-1(b)(1)(ii)(E); |
| | (f) | ☐ | An
employee benefit plan or endowment fund in accordance with
§240.13d-1(b)(1)(ii)(F); |
| | (g) | ☐ | A
parent holding company or control person in accordance with §
240.13d-1(b)(1)(ii)(G); |
| | (h) | ☐ | A
savings associations as defined in Section 3(b) of the Federal
Deposit Insurance Act (12 U.S.C. 1813); |
| | (i) | ☐ | A
church plan that is excluded from the definition of an investment
company under section 3(c)(14) of the Investment Company Act of
1940 (15 U.S.C. 80a-3); |
| | (j) | ☐ | A
non-U.S. institution in accordance with §
240.13d-1(b)(1)(ii)(J). |
| | (k) | ☐ | A
group, in accordance with § 240.13d-1(b)(1)(ii)(K). If filing
as a non-U.S. institution in accordance with §
240.13d-1(b)(1)(ii)(J), please specify the type of
institution: |
|
Item 4. |
Ownership. |
Provide
the following information regarding the aggregate number and
percentage of the class of securities of the issuer identified in
Item 1.
| | (a) | Amount
beneficially owned: 1,145,014 |
| | (b) | Percent
of class: 15.4 |
| | (c) | Number
of shares as to which the person has: |
| | (i) | Sole
power to vote or to direct the vote: 277,907 |
| | (ii) | Shared
power to vote or to direct the vote: 867,107 |
| | (iii) | Sole
power to dispose or to direct the disposition of:
277,907 |
| | (iv) | Shared
power to dispose or to direct the disposition of:
867,107 |
|
Item 5. |
Ownership of Five Percent or Less of a Class |
If this
statement is being filed to report the fact that as of the date
hereof the reporting person has ceased to be the beneficial owner
of more than five percent of the class of securities, check the
following ☐ .
Not
applicable
|
Item 6. |
Ownership of More than Five Percent on Behalf of Another
Person. |
Mr.
Johnsen is one of the two trustees of the Niels W. Johnsen Family
2011 Trust (the “Family Trust”). In addition, Mr.
Johnsen is one of the beneficiaries of the Family Trust, and the
other beneficiaries are members of his extended family. The
Family Trust beneficially owns 867,107 shares of International
Shipholding Corporation, including (i) 642,485 shares held directly
and (ii) 224,622 shares held indirectly through the Family
Trust’s controlling interest in a corporation, of which Mr.
Johnsen is a shareholder, officer, and director. The corporation
has the sole right to receive dividends from and the proceeds from
the sale of the 224,622 shares, which is less than five percent of
the class of subject securities.
|
Item 7. |
Identification and Classification of the Subsidiary Which Acquired
the Security Being Reported on By the Parent Holding
Company |
Not
applicable
|
Item 8. |
Identification and Classification of Members of the
Group |
Not
applicable
|
Item 9. |
Notice of Dissolution of Group |
Not
applicable
| | |
|
Item 10. |
Certification |
| | |
| | By
signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were not acquired and are
not held for the purpose of or with the effect of changing or
influencing the control of the issuer of the securities and were
not acquired and are not held in connection with or as a
participant in any transaction having that purpose or
effect. |
SIGNATURE
After
reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true,
complete and correct.
| | | | |
| |
International Shipholding Corporation | | |
| | | | |
| Date:
2/6/2017 | By: | /s/
Niels Mercer Johnsen | |
| | | Name: Niels
Mercer Johnsen | |
| | | | |
| | | | |
|
Attention: |
Intentional misstatements or omissions of fact constitute Federal
criminal violations (See 18 U.S.C. 1001) |