DORIAN LPG LTD. — Director's Dealing 2018

Jun 19, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DORIAN LPG LTD. (LPG)
CIK: 0001596993
Period of Report: 2018-06-15

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-06-15	Common Shares, $0.01 par value per share	A	64700	—	Acquired	2101720	Direct
2018-06-15	Common Shares, $0.01 par value per share	F	5069	$8.36	Disposed	2096651	Direct
2018-06-15	Common Shares, $0.01 par value per share	F	5877	$8.36	Disposed	2090775	Direct
2018-06-15	Common Shares, $0.01 par value per share	F	5876	$8.36	Disposed	2084898	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	20664	Indirect
Common Shares, $0.01 par value per share	250	Indirect

Footnotes

F1: Restricted Stock Award, of which 25% vested on the grant date and 25% of which will vest on June 15, 2019, June 15, 2020, and June 15, 2021, respectively.

F2: In connection with the vesting of 25% of the Restricted Stock Award (16,175 shares) on June 15, 2018, 5,069 shares were withheld by the Issuer to satisfy the Reporting Person's tax withholding obligations.

F3: Represents 5,877 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: Represents 5,876 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, 2017.

F5: 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.

F6: Owned by member of the Reporting Person's household. 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.