DORIAN LPG LTD. — Director's Dealing 2021

Jan 5, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DORIAN LPG LTD. (LPG)
CIK: 0001596993
Period of Report: 2020-12-31

Reporting Person: Kalborg Ted (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-12-31	Common Shares, $0.01 par value per share	A	2996	—	Acquired	30609	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Shares, $0.01 par value per share	20000	Indirect

Footnotes

F1: In connection with the reporting person's service as a non-employee director of the Issuer, as well as for his service on certain committees of the Issuer's Board of Directors, such reporting person has been granted common shares. The number of common shares granted represents the quotient of (A) $30,000 divided by (B) the volume weighted average price of $10.0113 for the quarter ended December 31, 2020, rounding the number of shares down to the nearest whole common share.

F2: The common shares were purchased by Christmas Common Investments Ltd., of which the Kalborg Trust is the sole shareholder. The reporting person and other members of his family are the beneficiaries of the Kalborg Trust. The reporting person disclaims all beneficial ownership of these securities except to the extent of his pecuniary interest therein.