SEC Form 4 · accession 0000919574-17-000591
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
Jan 13, 2017
Accepted (ET)
Jan 18, 2017 · 5:27 pm EST
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 | Jan 13, 2017 | P | 20,000 | $9.3798 | A | 45,000 | I | By spouse |
| Common Shares, $0.01 par value per shareF2 | Jan 17, 2017 | J | 20,000 | $9.3798 | D | 25,000 | I | By spouse |
| Common Shares, $0.01 par value per shareF2,F3 | Jan 17, 2017 | J | 20,000 | $9.3798 | A | 20,000 | I | By trust |
| Common Shares, $0.01 par value per share | holding | — | — | — | 2,279,744 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $9.305 to $9.45. The reporting person undertakes to provide Dorian LPG Ltd., any security holder of Dorian LPG Ltd., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each price within the range set forth herein.
- F2On January 17, 2017, 20,000 shares were transferred to The LMG Trust (the "Trust"). The Reporting Person and his wife are trustees of the Trust, and the beneficiary of the Trust is one of their children.
- F3These shares are owned directly by the Trust. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interests therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership by the Reporting Person of the reported securities for purposes of Section 16 or any other purpose.