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DORIAN LPG LTD. — Director's Dealing 2020
Jun 17, 2020
32039_dirs_2020-06-17_6ffb877a-5d4a-4f75-8540-a62047ac8727.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: Hadjipateras Alexander C. (EVP at Dorian LPG (USA) LLC)
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 | 30000 | — | Acquired | 87480 | Direct |
| 2020-06-15 | Common Shares, $0.01 par value per share | F | 1567 | $8.21 | Disposed | 85913 | Direct |
| 2020-06-15 | Common Shares, $0.01 par value per share | F | 1175 | $8.21 | Disposed | 84738 | Direct |
| 2020-06-15 | Common Shares, $0.01 par value per share | F | 1372 | $8.21 | Disposed | 83366 | 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 1,175 shares reacquired to satisfy tax withholding obligations in connection with the vesting of 3,750 shares of restricted stock granted to the Reporting Person on June 15, 2018.
F4: Represents 1,372 shares reacquired to satisfy tax withholding obligations in connection with the vesting of 4,375 shares of restricted stock granted to the Reporting Person on June 15, 2017.