DORIAN LPG LTD. — Director's Dealing 2019

Jul 10, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DORIAN LPG LTD. (LPG)
CIK: 0001596993
Period of Report: 2019-07-08

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-07-08	Common Stock	S	178449	$9.1310	Disposed	6879886	Indirect
2019-07-09	Common Stock	S	213326	$9.5254	Disposed	6666560	Indirect

Footnotes

F1: On July 8, 2019, BW Euroholdings Limited ("Euroholdings") sold 178,449 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 $9.10 to $9.22, 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 July 9, 2019, Euroholdings sold 213,326 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 $9.30 to $9.795, inclusive.

F5: BW Group, the Foundation, Euroholdings, BW LPG Limited ("BW LPG"), which BW Group owns approximately 47.6% of as of July 10, 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 6,666,460.

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