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DORIAN LPG LTD. — Director's Dealing 2020
Jun 17, 2020
32039_dirs_2020-06-17_2165212e-4ab5-4bb7-84d1-8db03847dcd6.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: DORIAN LPG LTD. (LPG)
CIK: 0001596993
Period of Report: 2020-06-15
Reporting Person: Young Theodore B. (Chief Financial Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-06-15 | Common Shares, $0.01 par value per share | A | 35000 | — | Acquired | 155691 | Direct |
| 2020-06-15 | Common Shares, $0.01 par value per share | F | 1567 | $8.21 | Disposed | 154124 | Direct |
| 2020-06-15 | Common Shares, $0.01 par value per share | F | 1567 | $8.21 | Disposed | 152557 | Direct |
| 2020-06-15 | Common Shares, $0.01 par value per share | F | 2155 | $8.21 | Disposed | 150402 | Direct |
Footnotes
F1: Restricted Stock Award, which will vest in escalating installments on the grant date and on June 15, 2021, June 15, 2022, and June 15, 2023, respectively.
F2: In connection with the vesting of a portion of the Restricted Stock Award (5,000 shares) on June 15, 2020, 1,567 shares were withheld by the Issuer to satisfy the Reporting Person's tax withholding obligations.
F3: Represents 1,567 shares reacquired to satisfy tax withholding obligations in connection with the vesting of 5,000 shares of restricted stock granted to the Reporting Person on June 15, 2018.
F4: Represents 2,155 shares reacquired to satisfy tax withholding obligations with the vesting of 6,875 shares of restricted stock granted to the Reporting Person on June 15, 2017.