Alexander C. Hadjipateras - 05 Aug 2022 Form 4 Insider Report for DORIAN LPG LTD. (LPG)

Role
EVP at Dorian LPG (USA) LLC
Signature
By: /s/ Alexander C. Hadjipateras
Issuer symbol
LPG
Transactions as of
05 Aug 2022
Net transactions value
-$97,183
Form type
4
Filing time
09 Aug 2022, 17:13:54 UTC
Previous filing
13 Jul 2022
Next filing
08 Nov 2022
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 Award $0 +30,000 +51% $0.000000 88,850 05 Aug 2022 Direct F1
transaction LPG Common Shares, $0.01 par value per share Tax liability $49,204 -3,134 -3.5% $15.70 85,716 05 Aug 2022 Direct F2
transaction LPG Common Shares, $0.01 par value per share Tax liability $29,532 -1,881 -2.2% $15.70 83,835 05 Aug 2022 Direct F3
transaction LPG Common Shares, $0.01 par value per share Tax liability $18,448 -1,175 -1.4% $15.70 82,660 05 Aug 2022 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted Stock Award (the "August 2022 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, 2022.
F2 In connection with the vesting of a portion of the August 2022 Restricted Stock Award (10,000 shares) on August 5, 2022, 3,134 shares were withheld by the Issuer to satisfy the Reporting Person's tax withholding obligations.
F3 Represents 1,881 shares reacquired to satisfy tax withholding obligations in connection with the vesting of 6,000 shares of restricted stock granted to the Reporting Person on August 5, 2021.
F4 Represents 1,175 shares reacquired to satisfy tax withholding obligations in connection with the vesting of 3,750 shares of restricted stock granted to the Reporting Person on August 5, 2019.