SEC Form 4 · accession 0000919574-17-004936
DORIAN LPG LTD. · LPG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Theodore B. Young
Officer — Chief Financial Officer
Period of report
Jun 15, 2017
Accepted (ET)
Jun 19, 2017 · 5:25 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, 2017 | A | 27,500 | $0.00 | A | 159,722 | D | |
| Common Shares, $0.01 par value per shareF2 | Jun 15, 2017 | F | 2,340 | $7.32 | D | 157,382 | D | |
| Common Shares, $0.01 par value per shareF3 | Jun 15, 2017 | F | 2,340 | $7.32 | D | 155,042 | 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, 2018, June 15, 2019, and June 15, 2020, respectively.
- F2In connection with the vesting of 25% of the Restricted Stock Award (6,875 shares) on June 15, 2017, 2,340 shares were withheld by the Issuer to satisfy the Reporting Person's tax withholding obligations.
- F3Represents 2,340 shares reacquired to satisfy tax withholding obligations in connection with the vesting of 6,875 shares of restricted stock granted to the Reporting Person on June 15, 2016.