Kalborg Ted 4
4 · DORIAN LPG LTD. · Filed Jan 5, 2021
Insider Transaction Report
Form 4
Kalborg Ted
Director
Transactions
- Award
Common Shares, $0.01 par value per share
2020-12-31+2,996→ 30,609 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, as well as for his service on certain committees of the Issuer's Board of Directors, such reporting person has been granted common shares. The number of common shares granted represents the quotient of (A) $30,000 divided by (B) the volume weighted average price of $10.0113 for the quarter ended December 31, 2020, 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.