Kalborg Ted 4
4 · DORIAN LPG LTD. · Filed Jan 3, 2018
Insider Transaction Report
Form 4
Kalborg Ted
Director
Transactions
- Award
Common Shares, $0.01 par value per share
2017-12-29+1,619→ 11,094 total
Holdings
- 20,000(indirect: By Trust)
Common Shares, $0.01 par value per share
Footnotes (2)
- [F1]In 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.
- [F2]The common shares were purchased by Christmas Common Investments Ltd., of which the Kalborg Trust is the sole shareholder. The reporting person and other members of his family are the beneficiaries of the Kalborg Trust. The reporting person disclaims all beneficial ownership of these securities except to the extent of his pecuniary interest therein.