Alexander C. Hadjipateras - Aug 5, 2022 Form 4 Insider Report for DORIAN LPG LTD. (LPG)

Role
EVP at Dorian LPG (USA) LLC
Signature
By: /s/ Alexander C. Hadjipateras
Stock symbol
LPG
Transactions as of
Aug 5, 2022
Transactions value $
-$97,183
Form type
4
Date filed
8/9/2022, 05:13 PM
Previous filing
Jul 13, 2022
Next filing
Nov 8, 2022

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 +30K +50.98% $0.00 88.9K Aug 5, 2022 Direct F1
transaction LPG Common Shares, $0.01 par value per share Tax liability -$49.2K -3.13K -3.53% $15.70 85.7K Aug 5, 2022 Direct F2
transaction LPG Common Shares, $0.01 par value per share Tax liability -$29.5K -1.88K -2.19% $15.70 83.8K Aug 5, 2022 Direct F3
transaction LPG Common Shares, $0.01 par value per share Tax liability -$18.4K -1.18K -1.4% $15.70 82.7K Aug 5, 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.