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: Lycouris John (Director, CEO of Dorian LPG (USA) LLC)

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	30000	—	Acquired	248424	Direct
2017-06-15	Common Shares, $0.01 par value per share	F	2568	$7.32	Disposed	245856	Direct
2017-06-15	Common Shares, $0.01 par value per share	F	2568	$7.32	Disposed	243288	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Shares, $0.01 par value per share	280028	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 (7,500 shares) on June 15, 2017, 2,568 shares were withheld by the Issuer to satisfy the Reporting Person's tax withholding obligations.

F3: Represents 2,568 shares reacquired to satisfy tax withholding obligations in connection with the vesting of 7,500 shares of restricted stock granted to the Reporting Person on June 15, 2016.

F4: Shares held by the Kyveli Trust (the "Trust"). The Reporting Person and other members of his family are the beneficiaries of the Trust. The Reporting Person disclaims all beneficial ownership of these securities except to the extent of his pecuniary interest therein.