John Lycouris - Aug 5, 2024 Form 4 Insider Report for DORIAN LPG LTD. (LPG)

Role
Head of Energy Transition, Director
Signature
By: /s/ John Lycouris
Stock symbol
LPG
Transactions as of
Aug 5, 2024
Transactions value $
-$580,291
Form type
4
Date filed
8/7/2024, 04:59 PM
Previous filing
Dec 5, 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 +23.51% $0.00 158K Aug 5, 2024 Direct F1
transaction LPG Common Shares, $0.01 par value per share Tax liability -$155K -4.16K -2.64% $37.16 153K Aug 5, 2024 Direct F2
transaction LPG Common Shares, $0.01 par value per share Tax liability -$38.7K -1.04K -0.68% $37.16 152K Aug 5, 2024 Direct F3
transaction LPG Common Shares, $0.01 par value per share Tax liability -$232K -6.25K -4.1% $37.16 146K Aug 5, 2024 Direct F4
transaction LPG Common Shares, $0.01 par value per share Tax liability -$155K -4.17K -2.85% $37.16 142K Aug 5, 2024 Direct F5
holding LPG Common Shares, $0.01 par value per share 200K Aug 5, 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 (10,000 shares) on August 5, 2024, 4,164 shares were withheld by the Issuer to satisfy the Reporting Person's tax withholding obligations.
F3 Represents 1,041 shares reacquired by the Issuer to satisfy tax withholding obligations in connection with the vesting of 2,500 shares of restricted stock granted to the Reporting Person on September 15, 2023.
F4 Represents 6,246 shares reacquired by the Issuer to satisfy tax withholding obligations in connection with the vesting of 15,000 shares of restricted stock granted to the Reporting Person on August 5, 2023.
F5 Represents 4,165 shares reacquired by the Issuer 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.
F6 Shares held by the Kyveli Trust (the "Trust"). The Reporting Person and other members of his family are the beneficiaries of the Trust. The Reporting Person disclaims all beneficial ownership of these securities except to the extent of his pecuniary interest therein.