SEC Form 4 · accession 0000919574-18-000043
DORIAN LPG LTD. · LPG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Oivind Lorentzen
Director
Period of report
Dec 29, 2017
Accepted (ET)
Jan 3, 2018 · 4:30 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,F2 | Dec 29, 2017 | A | 1,619 | $0.00 | A | 30,241 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1In connection with the reporting person's service as a non-employee director of the Issuer, such reporting person has been granted common shares. The number of common shares granted represents the quotient of (A) $12,500 divided by (B) the volume weighted average price of $7.7165 for the quarter ended December 31, 2017 (with December 29, 2017 being the last trading day of the quarter), rounding the number of shares down to the nearest whole common share.
- F2Includes 9,147 common shares of the Issuer received by the reporting person on December 20, 2017 when SEACOR Holdings Inc. ("SEACOR") distributed an aggregate 3,977,135 common shares of the Issuer on a pro rata basis to all holders of record of the common stock of SEACOR as of December 8, 2017. In accordance with Rule 16a-9, such distribution was exempt from Section 16 of the Securities Exchange Act of 1934, as amended.