SEC Form 4 · accession 0000919574-16-013708
DORIAN LPG LTD. · LPG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John C Hadjipateras
Officer — President and CEO · Director · 10% Owner
Period of report
Jun 15, 2016
Accepted (ET)
Jun 17, 2016 · 4:50 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001596993
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Shares, $0.01 par value per shareF1 | Jun 15, 2016 | A | 75,000 | $0.00 | A | 2,266,558 | D | |
| Common Shares, $0.01 par value per shareF2 | Jun 15, 2016 | F | 6,814 | $7.82 | D | 2,259,744 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Restricted Stock Award, of which 25% vested on the grant date and 25% of which will vest on June 15, 2017, June 15, 2018, and June 15, 2019, respectively.
- F2In connection with the vesting of 25% of the Restricted Stock Award (18,750 shares) on June 15, 2016, 6,814 shares were withheld by the Issuer to satisfy the reporting person's tax withholding obligations.