John C. Hadjipateras - 05 Aug 2024 Form 4 Insider Report for DORIAN LPG LTD. (LPG)

Signature
By: /s/ John C. Hadjipateras
Issuer symbol
LPG
Transactions as of
05 Aug 2024
Net transactions value
-$1,386,217
Form type
4
Filing time
07 Aug 2024, 17:04:30 UTC
Previous filing
16 Jan 2024
Next filing
20 Nov 2024

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 +84,500 +4.8% $0.000000 1,862,240 05 Aug 2024 Direct F1
transaction LPG Common Shares, $0.01 par value per share Tax liability $485,049 -13,053 -0.7% $37.16 1,849,187 05 Aug 2024 Direct F2
transaction LPG Common Shares, $0.01 par value per share Tax liability $68,895 -1,854 -0.1% $37.16 1,847,333 05 Aug 2024 Direct F3
transaction LPG Common Shares, $0.01 par value per share Tax liability $416,155 -11,199 -0.61% $37.16 1,836,134 05 Aug 2024 Direct F4
transaction LPG Common Shares, $0.01 par value per share Tax liability $416,118 -11,198 -0.61% $37.16 1,824,936 05 Aug 2024 Direct F5
holding LPG Common Shares, $0.01 par value per share 126,000 05 Aug 2024 By Spouse
holding LPG Common Shares, $0.01 par value per share 25,664 05 Aug 2024 By Trust F6
* 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 (28,167 shares) on August 5, 2024, 13,053 shares were withheld by the Issuer to satisfy the Reporting Person's tax withholding obligations.
F3 Represents 1,854 shares reacquired by the Issuer to satisfy tax withholding obligations in connection with the vesting of 4,000 shares of restricted stock granted to the Reporting Person on September 15, 2023.
F4 Represents 11,199 shares reacquired by the Issuer to satisfy tax withholding obligations in connection with the vesting of 24,167 shares of restricted stock granted to the Reporting Person on August 5, 2023.
F5 Represents 11,198 shares reacquired by the Issuer to satisfy tax withholding obligations in connection with the vesting of 24,166 shares of restricted stock granted to the Reporting Person on August 5, 2022.
F6 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.