| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | LPG | Common Stock | Award | +25K | +19.4% | 154K | Aug 5, 2021 | Direct | F1, F2, F3 |
| Id | Content |
|---|---|
| F1 | On August 5, 2021, the reporting person was granted 25,000 restricted stock units. The award represents a grant of restricted stock units pursuant to the Issuer's 2014 Equity Incentive Plan. Under the terms of the award agreement, the restricted stock units shall vest ratably in equal installments on the first and second anniversaries of August 5, 2021 (the "Grant Date"). Notwithstanding the foregoing, restricted stock units (the "Vesting Shares") to be issued to the reporting person that are eligible to vest on August 5, 2023 (the "Scheduled Vesting Date") shall vest when and only if the volume weighted average price of the Issuer's common shares |
| F2 | (continued from footnote 1) over any consecutive 15-day period prior to the final business day of the tenth fiscal quarter following the Grant Date of the Vesting Shares, as reported on Bloomberg (or on such other internationally recognized financial information provider), equals or exceeds, 95% of the book value of an Issuer share, which shall be determined (in good faith by the management of the Issuer) in respect of the Scheduled Vesting Date, as of the first business day of the fiscal quarter immediately preceding the Scheduled Vesting Date. |
| F3 | Includes 60,000 shares underlying restricted stock units. |