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DORIAN LPG LTD. — Director's Dealing 2024
Aug 7, 2024
32039_dirs_2024-08-07_49e217fe-9d05-471a-9d21-7ff5f100cc9d.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: Lycouris John (Director, Head of Energy Transition)
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 | 30000 | — | Acquired | 157615 | Direct |
| 2024-08-05 | Common Shares, $0.01 par value per share | F | 4164 | $37.16 | Disposed | 153451 | Direct |
| 2024-08-05 | Common Shares, $0.01 par value per share | F | 1041 | $37.16 | Disposed | 152410 | Direct |
| 2024-08-05 | Common Shares, $0.01 par value per share | F | 6246 | $37.16 | Disposed | 146164 | Direct |
| 2024-08-05 | Common Shares, $0.01 par value per share | F | 4165 | $37.16 | Disposed | 141999 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Shares, $0.01 par value per share | 200000 | 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 (10,000 shares) on August 5, 2024, 4,164 shares were withheld by the Issuer to satisfy the Reporting Person's tax withholding obligations.
F3: Represents 1,041 shares reacquired by the Issuer to satisfy tax withholding obligations in connection with the vesting of 2,500 shares of restricted stock granted to the Reporting Person on September 15, 2023.
F4: Represents 6,246 shares reacquired by the Issuer to satisfy tax withholding obligations in connection with the vesting of 15,000 shares of restricted stock granted to the Reporting Person on August 5, 2023.
F5: Represents 4,165 shares reacquired by the Issuer to satisfy tax withholding obligations in connection with the vesting of 10,000 shares of restricted stock granted to the Reporting Person on August 5, 2022.
F6: Shares held by the Kyveli Trust (the "Trust"). The Reporting Person and other members of his family are the beneficiaries of the Trust. The Reporting Person disclaims all beneficial ownership of these securities except to the extent of his pecuniary interest therein.