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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 5)
Overseas Shipholding Group, Inc.
(Name of Issuer)
Common Stock, par value $1 per share
(Title of Class of Securities)
690368 10 5
(CUSIP Number)
Michael Mayberry, Esq.
277 Park Avenue
New York, NY 10172
Tel. No.: (212) 207-2898
(Name, Address and Telephone Number of
Person Authorized to Receive Notices
and Communications)
-----------------------
November 6, 2003
(Date of Event which Requires Filing of
this Statement)
If the filing person has previously filed a statement on Schedule 13G
to report the acquisition which is the subject of this Schedule 13D, and is
filing this statement because of Rule 13d-1(b)(3) or (4), check the following
box [_].
Check the following box if a fee is being paid with the statement [_].
Page 1 of 10 Pages
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CUSIP 690368 10 5 Page 2 of 10
----------------------------- -----------------------------
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NAME OF REPORTING PERSON
1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Mary Ann Fribourg
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [_]
(b) [X]
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3 SEC USE ONLY
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4 SOURCE OF FUNDS
Not Applicable
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e)
[_]
Not Applicable
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
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7 SOLE VOTING POWER
-0-
NUMBER OF ------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY OWNED BY EACH
REPORTING 2,448,241
PERSON ------------------------------------------------
WITH 9 SOLE DISPOSITIVE POWER
-0-
------------------------------------------------
10 SHARED DISPOSITIVE POWER
2,448,241
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,448,241
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[_]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
6.86%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
IN
--------------------------------------------------------------------------------
----------------------------- -----------------------------
CUSIP 690368 10 5 Page 3 of 10
----------------------------- -----------------------------
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NAME OF REPORTING PERSON
1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Paul Fribourg
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [_]
(b) [X]
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3 SEC USE ONLY
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4 SOURCE OF FUNDS
Not Applicable
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e)
[_]
Not Applicable
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
-0-
NUMBER OF ------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY OWNED BY EACH
REPORTING 2,448,241
PERSON ------------------------------------------------
WITH 9 SOLE DISPOSITIVE POWER
-0-
------------------------------------------------
10 SHARED DISPOSITIVE POWER
2,448,241
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,448,241
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[_]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
6.86%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
IN
--------------------------------------------------------------------------------
----------------------------- -----------------------------
CUSIP 690368 10 5 Page 4 of 10
----------------------------- -----------------------------
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NAME OF REPORTING PERSON
1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Morton I. Sosland
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [_]
(b) [X]
--------------------------------------------------------------------------------
3 SEC USE ONLY
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4 SOURCE OF FUNDS
Not Applicable
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e)
[_]
Not Applicable
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
-0-
NUMBER OF ------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY OWNED BY EACH
REPORTING 2,448,241
PERSON ------------------------------------------------
WITH 9 SOLE DISPOSITIVE POWER
-0-
------------------------------------------------
10 SHARED DISPOSITIVE POWER
2,448,241
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,448,241
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[_]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
6.86%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
IN
--------------------------------------------------------------------------------
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CUSIP 690368 10 5 Page 5 of 10
----------------------------- -----------------------------
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NAME OF REPORTING PERSON
1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Fribourg Enterprises, LLC
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [_]
(b) [X]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
Not Applicable
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e)
[_]
Not Applicable
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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7 SOLE VOTING POWER
2,448,241
NUMBER OF ------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY OWNED BY EACH
REPORTING -0-
PERSON ------------------------------------------------
WITH 9 SOLE DISPOSITIVE POWER
2,448,241
------------------------------------------------
10 SHARED DISPOSITIVE POWER
-0-
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,448,241
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[_]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
6.86%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
OO
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CUSIP 690368 10 5 Page 6 of 10
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NAME OF REPORTING PERSON
1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Fribourg Grandchildren Family L.P.
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [_]
(b) [X]
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3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
Not Applicable
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e)
[_]
Not Applicable
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
2,448,241
NUMBER OF ------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY OWNED BY EACH
REPORTING -0-
PERSON ------------------------------------------------
WITH 9 SOLE DISPOSITIVE POWER
2,448,241
------------------------------------------------
10 SHARED DISPOSITIVE POWER
-0-
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,448,241
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[_]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
6.86%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
PN
--------------------------------------------------------------------------------
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CUSIP 690368 10 5 Page 7 of 10
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This Amendment No. 6 to the Statement on Schedule 13D, dated March 12,
1992, filed by Fribourg Enterprises L.P., a Delaware limited partnership
("Fribourg Enterprises"), relating to the common stock, par value $1 per share,
of Overseas Shipholding Group, Inc. (the "OSG Common Stock"), a Delaware
corporation ("OSG"), and as amended by Amendment No. 1, dated April 19, 1993,
Amendment No. 2, dated October 25, 1996, Amendment No. 3, dated August 1, 1997,
Amendment No. 4, dated April 29, 2002, and Amendment No. 5, dated November 7,
2003 (as so amended, the "Statement"), amends the Statement in the following
respects only:
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.
Item No. 5 is amended and restated in its entirety as follows:
a. With respect to each of the above entities and individuals,
the 2,448,241 shares of OSG Common Stock that are beneficially owned constitutes
approximately 6.86% of the issued and outstanding shares of OSG Common Stock.
b. Each of the above entities have sole voting and dispositive
power with respect to the 2,448,241 shares and each of the above individuals
have shared voting and dispositive power with respect to the 2,448,241 shares.
c. Fribourg Grandchildren Family L.P. sold shares of OSG Common
Stock in open market transactions on the New York Stock Exchange as follows:
DATE NUMBER OF SHARES PRICE PER SHARE
---- ---------------- ---------------
9/5/2003 1,900 $ 25.5000
9/12/2003 23,100 $ 24.9139
9/15/2003 8,300 $ 25.2787
9/16/2003 16,700 $ 25.2777
9/18/2003 10,000 $ 26.1715
9/19/2003 10,000 $ 25.8586
9/22/2003 10,000 $ 25.5064
9/23/2003 10,000 $ 26.0549
9/24/2003 10,000 $ 26.3293
9/25/2003 10,000 $ 25.8180
9/26/2003 10,000 $ 25.5390
9/29/2003 10,000 $ 26.1004
9/30/2003 10,000 $ 25.8304
10/1/2003 10,000 $ 25.2550
10/2/2003 10,000 $ 25.7883
10/3/2003 10,000 $ 25.9786
10/6/2003 10,000 $ 25.8922
10/7/2003 10,000 $ 25.8295
10/8/2003 10,000 $ 25.9060
10/9/2003 10,000 $ 25.9040
10/10/2003 10,000 $ 25.9136
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CUSIP 690368 10 5 Page 8 of 10
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DATE NUMBER OF SHARES PRICE PER SHARE
---- ---------------- ---------------
10/13/2003 10,000 $ 25.9948
10/14/2003 10,000 $ 25.7709
10/15/2003 10,000 $ 25.8144
10/16/2003 10,000 $ 25.6696
10/17/2003 10,000 $ 25.3563
10/20/2003 10,000 $ 25.1126
10/21/2003 10,000 $ 24.9890
10/22/2003 10,000 $ 25.0879
10/31/2003 10,000 $ 27.4000
11/4/2003 15,000 $ 26.7500
11/5/2003 20,000 $ 27.9643
11/6/2003 10,000 $ 28.0000
11/6/2003 10,000 $ 28.7500
11/6/2003 10,000 $ 28.7500
d. Under the terms of the Amended and Restated Agreement of
Limited Partnership of Fribourg Grandchildren Family L.P., Fribourg Enterprises,
LLC, the heirs of Michel Fribourg, and various trusts of the descendants of
Michel Fribourg, have distribution rights with respect to the income of the
partnership.
e. Not applicable.
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CUSIP 690368 10 5 Page 9 of 10
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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.
Dated: November 11, 2003
FRIBOURG GRANDCHILDREN FAMILY L.P.
By: Fribourg Enterprises, LLC,
general partner
By: /s/ Mary Ann Fribourg
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Mary Ann Fribourg as
Trustee U/D/T dated 5/31/57
f/b/o Robert Fribourg, a
Managing Member
By: /s/ Paul Fribourg
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Paul Fribourg as
Trustee U/D/T dated 5/31/57
f/b/o Robert Fribourg, a
Managing Member
By: /s/ Morton I. Sosland
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Morton I. Sosland as
Trustee U/D/T dated 5/31/57
f/b/o Robert Fribourg, a
Managing Member
FRIBOURG ENTERPRISES, LLC
By: /s/ Mary Ann Fribourg
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Mary Ann Fribourg as
Trustee U/D/T dated 5/31/57
f/b/o Robert Fribourg, a
Managing Member
By: /s/ Paul Fribourg
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Paul Fribourg as
Trustee U/D/T dated 5/31/57
f/b/o Robert Fribourg, a
Managing Member
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CUSIP 690368 10 5 Page 10 of 10
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By: /s/ Morton I. Sosland
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Morton I. Sosland as
Trustee U/D/T dated 5/31/57
f/b/o Robert Fribourg, a
Managing Member