SEC Form 4 · accession 0000919574-17-005149
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 30, 2017
Accepted (ET)
Jul 5, 2017 · 4:31 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 30, 2017 | F | 54,846 | $8.18 | D | 2,287,020 | D | |
| Common Shares, $0.01 par value per share | holding | — | — | — | 25,000 | I | By spouse | |
| Common Shares, $0.01 par value per shareF2 | holding | — | — | — | 20,000 | I | By Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents 54,846 shares reacquired to satisfy tax withholding obligations in connection with the vesting of 116,667 shares of restricted stock granted to the Reporting Person on June 30, 2014.
- F2Shares held by 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. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities 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.