John C. Hadjipateras - 08 Jun 2021 Form 4 Insider Report for DORIAN LPG LTD. (LPG)

Role
President and CEO, Director, 10%+ Owner
Signature
By: /s/ John C. Hadjipateras
Issuer symbol
LPG
Transactions as of
08 Jun 2021
Net transactions value
-$74,915
Form type
4
Filing time
17 Jun 2021, 17:46:24 UTC
Next filing
25 Jun 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LPG Common Shares, $0.01 par value per share Gift $0 -750 -0.04% $0.000000 1,880,236 08 Jun 2021 Direct
transaction LPG Common Shares, $0.01 par value per share Gift $0 -1,000 -0.05% $0.000000 1,879,236 09 Jun 2021 Direct
transaction LPG Common Shares, $0.01 par value per share Gift $0 -1,000 -0.05% $0.000000 1,878,236 09 Jun 2021 Direct
transaction LPG Common Shares, $0.01 par value per share Tax liability $74,915 -5,079 -0.27% $14.75 1,873,157 15 Jun 2021 Direct F1
holding LPG Common Shares, $0.01 par value per share 125,000 08 Jun 2021 By spouse
holding LPG Common Shares, $0.01 par value per share 20,664 08 Jun 2021 By Trust F2
holding LPG Common Shares, $0.01 par value per share 6,250 08 Jun 2021 By member of the household F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents 5,079 shares reacquired to satisfy tax withholding obligations in connection with the vesting of 16,175 shares of restricted stock granted to the Reporting Person on June 15, 2018.
F2 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.
F3 Owned by member of the Reporting Person's household. 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.