4//SEC Filing
LORENTZEN OIVIND 4
Accession 0000919574-25-002226
CIK 0001596993other
Filed
Apr 1, 8:00 PM ET
Accepted
Apr 2, 9:22 PM ET
Size
9.3 KB
Accession
0000919574-25-002226
Insider Transaction Report
Form 4
LORENTZEN OIVIND
Director
Transactions
- Award
Common Shares, $0.01 par value per share
2025-03-31+5,205→ 9,192 total - Sale
Common Shares, $0.01 par value per share
2024-12-20$23.11/sh−23,386$540,450→ 48,933 total
Holdings
- 124,845(indirect: By Trust)
Common Shares, $0.01 par value per share
- 3,987
Common Shares, $0.01 par value per share
Footnotes (4)
- [F1]The price reported in Column 4 is an average price. These common shares were sold in a multiple transactions at prices ranging from $23.00 to $23.40 per share. The Reporting Person undertakes to provide Dorian LPG Ltd., any security holder of Dorian LPG Ltd., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the range set forth herein.
- [F2]On December 24, 2024, the Reporting Person transferred 44,946 common shares held directly by the Reporting Person to a trust for which the Reporting Person is a beneficiary and over which the Reporting Person has voting and dispositive power.
- [F3]Shares held in multiple trusts for which the Reporting Person is a beneficiary and over which the Reporting Person has voting and dispositive power. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and therefore 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.
- [F4]In connection with the reporting person's service as a non-employee director of the Issuer, as well as for his service on the Audit Committee 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) $170,000 divided by (B) the volume weighted average price of $32.6567 for the year ended March 31, 2025, rounding the number of shares down to the nearest whole common share.
Documents
Issuer
DORIAN LPG LTD.
CIK 0001596993
Entity typeother
Related Parties
1- filerCIK 0001253163
Filing Metadata
- Form type
- 4
- Filed
- Apr 1, 8:00 PM ET
- Accepted
- Apr 2, 9:22 PM ET
- Size
- 9.3 KB