Alexander C. Hadjipateras - Aug 5, 2023 Form 4 Insider Report for DORIAN LPG LTD. (LPG)

Role
SEVP at Dorian LPG (USA) LLC
Signature
By: /s/ Alexander C. Hadjipateras
Stock symbol
LPG
Transactions as of
Aug 5, 2023
Transactions value $
-$274,036
Form type
4
Date filed
8/8/2023, 04:39 PM
Previous filing
Jun 20, 2023
Next filing
Aug 11, 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 +30K +45.1% $0.00 96.5K Aug 5, 2023 Direct F1
transaction LPG Common Shares, $0.01 par value per share Tax liability -$105K -3.72K -3.85% $28.33 92.8K Aug 5, 2023 Direct F2
transaction LPG Common Shares, $0.01 par value per share Tax liability -$105K -3.72K -4.01% $28.33 89.1K Aug 5, 2023 Direct F3
transaction LPG Common Shares, $0.01 par value per share Tax liability -$63.3K -2.23K -2.51% $28.33 86.9K Aug 5, 2023 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 2023 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, 2023.
F2 In connection with the vesting of a portion of the August 2023 Restricted Stock Award (10,000 shares) on August 5, 2023, 3,720 shares were withheld by the Issuer to satisfy the Reporting Person's tax withholding obligations.
F3 Represents 3,720 shares reacquired to satisfy tax withholding obligations in connection with the vesting of 10,000 shares of restricted stock granted to the Reporting Person on August 5, 2022.
F4 Represents 2,233 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.