AS FILED WITH THE SECURITIES AND EXCHANGE COMMISSION ON MARCH 31, 1999
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 10-K/A
ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 1)
FOR THE FISCAL YEAR ENDED DECEMBER 31, 1998
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COMMISSION FILE NUMBER 001-14135
OMI CORPORATION
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(EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)
MARSHALL ISLANDS 52-2098714
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(STATE OR OTHER JURISDICTION OF (I.R.S. EMPLOYER
INCORPORATION OR ORGANIZATION) IDENTIFICATION NO.)
REGISTRANT'S TELEPHONE NUMBER INCLUDING AREA CODE: (203) 602-6700
SECURITIES REGISTERED PURSUANT TO SECTION 12(b) OF THE ACT:
COMMON STOCK, PAR VALUE $.50 PER SHARE NEW YORK STOCK EXCHANGE
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Title of Class Name of Exchange on which Registered
SECURITIES REGISTERED PURSUANT TO SECTION 12(g) OF THE ACT: NONE
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Indicate by check mark whether the Registrant (1) Has filed all reports
required to be filed by Section 13 or 15(d) of the Securities Exchange Act of
1934 during the preceding 12 months (or for such shorter period that the
Registrant was required to file such reports), and (2) has been subject to such
filing requirements for the past 90 days.
YES [X] NO [ ]
Indicate by check mark if disclosure of delinquent filers pursuant to Item
405 of Regulation S-K is not contained herein, and will not be contained, to the
best of Registrant's knowledge, in definitive proxy or information statements
incorporated by reference in Part III of this Form 10-K or any amendment to this
Form 10-K.
YES [X] NO [ ]
Aggregate Market value of Registrant's voting stock, held by non-affiliates,
based on the closing price on the New York Stock Exchange as of the close of
business on March 24, 1999:
$96,264,780
Number of shares of the Registrant's Common Stock outstanding as of March 24,
1999:
41,628,013
The Following document is hereby incorporated by reference into Part III of this
Form 10-K:
(1) Portions of the OMI Corporation 1999 Proxy Statement to be filed with the
Securities and Exchange Commission.
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PART IV
ITEM 14. EXHIBITS, FINANCIAL STATEMENT SCHEDULES AND REPORTS ON FORM 8-K
(a) Financial Statements and Financial Statement Schedules
1. Financial statements as indicated in the index is set forth on page 24.
2. Financial Statement Schedules
None.
3. The index to Exhibits is on page 73.
(b) Reports on Form 8-K:
OMI filed a current report on Form 8-K with the Commission during the
last quarter of the fiscal period covered by this report on December 15,
1998.
72
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EXHIBITS
<TABLE>
<CAPTION>
NUMBER INCORPORATED BY REFERENCE TO DESCRIPTION OF EXHIBIT
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<S> <C> <C>
4.1 REGISTRATION STATEMENT ON FORM S-1 (NO. FORM OF COMMON STOCK CERTIFICATE
333-52771) FILED MAY 15, 1998
4.2 REGISTRATION STATEMENT ON FORM S-1 (NO. ARTICLES OF ASSOCIATION OF OMI
333-52771) FILED MAY 15, 1998
4.3 REGISTRATION STATEMENT ON FORM S-1 (NO. BY-LAWS
333-52771) FILED MAY 15, 1998
4.4 REGISTRATION STATEMENT ON FORM S-1 (NO. OMI CORPORATION STOCK OPTION PLAN (1)
333-52771) FILED MAY 15, 1998
10.1 FORM 10-Q FILED NOVEMBER 13, 1998 FORM OF OMI EMPLOYMENT AGREEMENTS FOR SENIOR
EXECUTIVES (1)
10.2 FORM 8A FILED DECEMBER 14, 1998 REGISTRATION STATEMENT OF PREFERRED STOCK PURCHASE RIGHTS AND
RIGHTS AGREEMENT DATED AS OF NOVEMBER 19, 1998 BETWEEN OMI
CORPORATION AND CHASEMELLON SHAREHOLDER SERVICES L.L.C.
10.3 OMI CORPORATION 1998 PERFORMANCE SHARE UNIT PLAN (1)
21 SUBSIDIARIES OF THE COMPANY
27 FINANCIAL DATA SCHEDULE DATED DECEMBER 31, 1998
</TABLE>
(1) Denotes compensation plan and /or agreement
73
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SIGNATURES
Pursuant to the requirements of Section 13 or 15(d) of the Securities
Exchange Act of 1934, the Registrant has duly caused this Amendment to be signed
on its behalf by the undersigned, thereunto duly authorized.
OMI CORPORATION
By /s/ FREDRIC J. LONDON
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Senior Vice President
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