DORIAN LPG LTD. — Director's Dealing 2019

Aug 7, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DORIAN LPG LTD. (LPG)
CIK: 0001596993
Period of Report: 2019-08-05

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-08-05	Common Shares, $0.01 par value per share	A	64700	—	Acquired	1971931	Direct
2019-08-05	Common Shares, $0.01 par value per share	F	7495	$8.21	Disposed	1964436	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Shares, $0.01 par value per share	125000	Indirect
Common Shares, $0.01 par value per share	20664	Indirect
Common Shares, $0.01 par value per share	4250	Indirect

Footnotes

F1: Restricted Stock Award, of which 25% vested on the grant date and 25% of which will vest on August 5, 2020, August 5, 2021 and August 5, 2022, respectively.

F2: In connection with the vesting of 25% of the Restricted Stock Award (16,175 shares) on August 5, 2019, 7,495 shares were withheld by the Issuer to satisfy the Reporting Person's tax withholding obligations.

F3: 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.

F4: 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.