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DORIAN LPG LTD. — Director's Dealing 2024
Aug 7, 2024
32039_dirs_2024-08-07_ffb13152-903a-437f-a15a-421e9fc20565.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: 2024-08-05
Reporting Person: HADJIPATERAS JOHN C (Director, President and CEO, 10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-08-05 | Common Shares, $0.01 par value per share | A | 84500 | — | Acquired | 1862240 | Direct |
| 2024-08-05 | Common Shares, $0.01 par value per share | F | 13053 | $37.16 | Disposed | 1849187 | Direct |
| 2024-08-05 | Common Shares, $0.01 par value per share | F | 1854 | $37.16 | Disposed | 1847333 | Direct |
| 2024-08-05 | Common Shares, $0.01 par value per share | F | 11199 | $37.16 | Disposed | 1836134 | Direct |
| 2024-08-05 | Common Shares, $0.01 par value per share | F | 11198 | $37.16 | Disposed | 1824936 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Shares, $0.01 par value per share | 126000 | Indirect |
| Common Shares, $0.01 par value per share | 25664 | Indirect |
Footnotes
F1: Restricted Stock Award (the "August 2024 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, 2024.
F2: In connection with the vesting of a portion of the August 2024 Restricted Stock Award (28,167 shares) on August 5, 2024, 13,053 shares were withheld by the Issuer to satisfy the Reporting Person's tax withholding obligations.
F3: Represents 1,854 shares reacquired by the Issuer to satisfy tax withholding obligations in connection with the vesting of 4,000 shares of restricted stock granted to the Reporting Person on September 15, 2023.
F4: Represents 11,199 shares reacquired by the Issuer to satisfy tax withholding obligations in connection with the vesting of 24,167 shares of restricted stock granted to the Reporting Person on August 5, 2023.
F5: Represents 11,198 shares reacquired by the Issuer to satisfy tax withholding obligations in connection with the vesting of 24,166 shares of restricted stock granted to the Reporting Person on August 5, 2022.
F6: Shares held by the LMG Trust (the "Trust"). The Reporting Person and his wife are trustees of the Trust, and the beneficiary of the Trust is one of their children. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities shall not be deemed an admission of beneficial ownership by the Reporting Person of the reported securities for purposes of Section 16 or any other purpose.