DORIAN LPG LTD. — Director's Dealing 2017

Jun 19, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DORIAN LPG LTD. (LPG)
CIK: 0001596993
Period of Report: 2017-06-15

Reporting Person: HADJIPATERAS JOHN C (Director, President and CEO, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-06-15	Common Shares, $0.01 par value per share	A	75000	—	Acquired	2354744	Direct
2017-06-15	Common Shares, $0.01 par value per share	F	6439	$7.32	Disposed	2348305	Direct
2017-06-15	Common Shares, $0.01 par value per share	F	6439	$7.32	Disposed	2341866	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Shares, $0.01 par value per share	25000	Indirect
Common Shares, $0.01 par value per share	20000	Indirect

Footnotes

F1: Restricted Stock Award, of which 25% vested on the grant date and 25% of which will vest on June 15, 2018, June 15, 2019, and June 15, 2020, respectively.

F2: In connection with the vesting of 25% of the Restricted Stock Award (18,750 shares) on June 15, 2017, 6,439 shares were withheld by the Issuer to satisfy the Reporting Person's tax withholding obligations.

F3: Represents 6,439 shares reacquired to satisfy tax withholding obligations in connection with the vesting of 18,750 shares of restricted stock granted to the Reporting Person on June 15, 2016.

F4: Shares held by the LMG Trust (the "Trust"). The Reporting Person and his wife are trustees of the Trust, and the beneficiary of the Trust is one of their children. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities shall not be deemed an admission of beneficial ownership by the Reporting Person of the reported securities for purposes of Section 16 or any other purpose.