DORIAN LPG LTD. — Director's Dealing 2019

Oct 15, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DORIAN LPG LTD. (LPG)
CIK: 0001596993
Period of Report: 2019-10-10

Reporting Person: BW Group Ltd (Former 10% Owner)
Reporting Person: BW Euroholdings Ltd (Former 10% Owner)
Reporting Person: Sohmen Family Foundation (Former 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-10-10	Common Stock	S	164475	$11.3104	Disposed	5606523	Indirect
2019-10-11	Common Stock	S	109577	$11.6023	Disposed	5496946	Indirect

Footnotes

F1: On October 10, 2019, BW Euroholdings Limited ("Euroholdings") sold 164,475 shares of common stock, par value $0.01 per share (the "Common Shares"), of Dorian LPG Ltd. (the "Issuer"). Euroholdings is a wholly-owned subsidiary of BW Group Limited ("BW Group"). BW Group is a wholly-owned subsidiary of the Sohmen Family Foundation (the "Foundation").

F2: The price reported in Column 4 is a weighted average price. These Common Shares were sold in multiple transactions at prices ranging from $11.30 to $11.48, inclusive. The reporting persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (2) and (4) to this Form 4.

F3: On October 11, 2019, Euroholdings sold 109,577 Common Shares.

F4: The price reported in Column 4 is a weighted average price. These Common Shares were sold in multiple transactions at prices ranging from $11.60 to $11.79, inclusive.

F5: BW Group, the Foundation, Euroholdings, BW LPG Limited ("BW LPG"), which BW Group owns approximately 47.04% of as of October 11, 2019, and BW LPG Holding Limited ("LPG Holding"), a wholly-owned subsidiary of BW LPG, may be considered a group within the meaning of Section 13(d)(3) of the Exchange Act.

F6: Each reporting person disclaims beneficial ownership of the shares reported herein except to the extent of its pecuniary interest therein, and this report shall not be deemed an admission that such reporting person is the beneficial owner of the shares for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose. As Euroholdings does not have a pecuniary interest in the 100 Common Shares owned by LPG Holding, the number of Common Shares it beneficially owns after giving effect to the transactions reported on this Form 4 is 5,496,846.

F7: BW Group, the Foundation and Euroholdings are jointly filing this Form 4 pursuant to Rule 16a-3(j) under the Exchange Act.