DORIAN LPG LTD. — Director's Dealing 2023

Aug 8, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DORIAN LPG LTD. (LPG)
CIK: 0001596993
Period of Report: 2023-08-05

Reporting Person: Young Theodore B. (Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-08-05	Common Shares, $0.01 par value per share	A	33000	—	Acquired	120805	Direct
2023-08-05	Common Shares, $0.01 par value per share	F	4692	$28.33	Disposed	116113	Direct
2023-08-05	Common Shares, $0.01 par value per share	F	4692	$28.33	Disposed	111421	Direct
2023-08-05	Common Shares, $0.01 par value per share	F	2701	$28.33	Disposed	108720	Direct

Footnotes

F1: Restricted Stock Award (the "August 2023 Restricted Stock Award"), pursuant to which the applicable restricted shares shall vest ratably and in three equal installments commencing with, and on the subsequent anniversaries of, August 5, 2023. Notwithstanding the foregoing, the restricted shares to be issued to the Reporting Person that are eligible to vest on August 5, 2025 shall vest subject to a vesting formula to be determined by the Compensation Committee of the Board of Directors of the Issuer.

F2: In connection with the vesting of a portion of the August 2023 Restricted Stock Award (11,000 shares) on August 5, 2023, 4,692 shares were withheld by the Issuer to satisfy the Reporting Person's tax withholding obligations.

F3: Represents 4,692 shares reacquired to satisfy tax withholding obligations in connection with the vesting of 11,000 shares of restricted stock granted to the Reporting Person on August 5, 2022.

F4: Represents 2,701 shares reacquired to satisfy tax withholding obligations in connection with the vesting of 6,333 shares of restricted stock granted to the Reporting Person on August 5, 2021.