Theodore B. Young - Aug 5, 2024 Form 4 Insider Report for DORIAN LPG LTD. (LPG)

Role
Chief Financial Officer
Signature
By: /s/ Theodore B. Young
Stock symbol
LPG
Transactions as of
Aug 5, 2024
Transactions value $
-$503,184
Form type
4
Date filed
8/7/2024, 05:02 PM
Previous filing
Dec 20, 2023

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 +33K +37.2% $0.00 122K Aug 5, 2024 Direct F1
transaction LPG Common Shares, $0.01 par value per share Tax liability -$168K -4.51K -3.71% $37.16 117K Aug 5, 2024 Direct F2
transaction LPG Common Shares, $0.01 par value per share Tax liability -$168K -4.51K -3.85% $37.16 113K Aug 5, 2024 Direct F3
transaction LPG Common Shares, $0.01 par value per share Tax liability -$168K -4.51K -4% $37.16 108K Aug 5, 2024 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 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 (11,000 shares) on August 5, 2024, 4,514 shares were withheld by the Issuer to satisfy the Reporting Person's tax withholding obligations.
F3 Represents 4,514 shares reacquired by the Issuer to satisfy tax withholding obligations in connection with the vesting of 11,000 shares of restricted stock granted to the Reporting Person on August 5, 2023.
F4 Represents 4,513 shares reacquired by the Issuer to satisfy tax withholding obligations in connection with the vesting of 11,000 shares of restricted stock granted to the Reporting Person on August 5, 2022.