Thomas J. Coleman - Mar 31, 2023 Form 4 Insider Report for DORIAN LPG LTD. (LPG)

Role: Director
Signature: /s/ Thomas J. Coleman
Stock symbol: LPG
Transactions as of: Mar 31, 2023
Transactions value $: -$222,836
Form type: 4
Date filed: 4/4/2023, 04:36 PM
Previous filing: Mar 17, 2023
Next filing: Jul 14, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LPG	Common Stock	Award	$0	+7.17K	+16.82%	$0.00	49.8K	Mar 31, 2023	Direct
transaction	LPG	Common Stock	Sale	-$223K	-11.3K	-2.69%	$19.72	409K	Mar 31, 2023	By Kensico Capital Management Corp.	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $19.48 to $19.99. The Reporting Person undertakes to provide to the Issuer, any shareholder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F2	Kensico Capital Management Corp. ("KCM") is a registered investment adviser and serves as an investment adviser to Kensico Associates, L.P. and Kensico Offshore Fund Master, Ltd. (together, the "Investment Funds"). The shares reported herein as being beneficially owned by KCM are directly held by the Investment Funds. The Reporting Person is one of two Co-Presidents of KCM and may be deemed to be a controlling person of KCM. By virtue of this relationship, the Reporting Person may be deemed to beneficially own the entire number of securities of the Issuer held by the Investment Funds; however, he disclaims beneficial ownership of any securities, and proceeds thereof, except to the extent of his pecuniary interest therein.

Content

The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $19.48 to $19.99. The Reporting Person undertakes to provide to the Issuer, any shareholder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Kensico Capital Management Corp. ("KCM") is a registered investment adviser and serves as an investment adviser to Kensico Associates, L.P. and Kensico Offshore Fund Master, Ltd. (together, the "Investment Funds"). The shares reported herein as being beneficially owned by KCM are directly held by the Investment Funds. The Reporting Person is one of two Co-Presidents of KCM and may be deemed to be a controlling person of KCM. By virtue of this relationship, the Reporting Person may be deemed to beneficially own the entire number of securities of the Issuer held by the Investment Funds; however, he disclaims beneficial ownership of any securities, and proceeds thereof, except to the extent of his pecuniary interest therein.