SEC Form 4 · accession 0000919574-16-013712
DORIAN LPG LTD. · LPG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John Lycouris
Officer — CEO of Dorian LPG (USA) LLC · Director
Period of report
Jun 15, 2016
Accepted (ET)
Jun 17, 2016 · 5:00 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 | 30,000 | $0.00 | A | 221,000 | D | |
| Common Shares, $0.01 par value per shareF2 | Jun 15, 2016 | F | 2,576 | $7.82 | D | 218,424 | D | |
| Common Shares, $0.01 par value per shareF3 | holding | — | — | — | 280,028 | I | By Trust |
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 (7,500 shares) on June 15, 2016, 2,576 shares were withheld by the Issuer to satisfy the reporting person's tax withholding obligations.
- F3Shares 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.