4//SEC Filing
BW Group Ltd 4
Accession 0001387131-19-006339
CIK 0001596993other
Filed
Aug 21, 8:00 PM ET
Accepted
Aug 22, 2:43 PM ET
Size
12.3 KB
Accession
0001387131-19-006339
Insider Transaction Report
Form 4
BW Group Ltd
10% Owner
Transactions
- Sale
Common Stock
2019-08-20$10.00/sh−100$1,000→ 6,370,998 total(indirect: See footnotes) - Sale
Common Stock
2019-08-21$10.00/sh−300,000$3,000,000→ 6,070,998 total(indirect: See footnotes)
BW Euroholdings Ltd
10% Owner
Transactions
- Sale
Common Stock
2019-08-20$10.00/sh−100$1,000→ 6,370,998 total(indirect: See footnotes) - Sale
Common Stock
2019-08-21$10.00/sh−300,000$3,000,000→ 6,070,998 total(indirect: See footnotes)
Sohmen Family Foundation
10% Owner
Transactions
- Sale
Common Stock
2019-08-20$10.00/sh−100$1,000→ 6,370,998 total(indirect: See footnotes) - Sale
Common Stock
2019-08-21$10.00/sh−300,000$3,000,000→ 6,070,998 total(indirect: See footnotes)
Footnotes (5)
- [F1]On August 20, 2019, BW Euroholdings Limited ("Euroholdings") sold 100 shares of common stock, par value $0.01 per share (the "Common Shares"), of Dorian LPG Ltd. (the "Issuer") at a price of $10.00 per share. Euroholdings is a wholly-owned subsidiary of BW Group Limited ("BW Group"). BW Group is a wholly-owned subsidiary of the Sohmen Family Foundation (the "Foundation").
- [F2]On August 21, 2019, Euroholdings sold 300,000 Common Shares at a price of $10.00 per share.
- [F3]BW Group, the Foundation, Euroholdings, BW LPG Limited ("BW LPG"), which BW Group owns approximately 47.6% of as of August 22, 2019, and BW LPG Holding Limited ("LPG Holding"), a wholly-owned subsidiary of BW LPG, may be considered a group within the meaning of Section 13(d)(3) of the Exchange Act.
- [F4]Each reporting person disclaims beneficial ownership of the shares reported herein except to the extent of its pecuniary interest therein, and this report shall not be deemed an admission that such reporting person is the beneficial owner of the shares for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose. As Euroholdings does not have a pecuniary interest in the 100 Common Shares owned by LPG Holding, the number of Common Shares it beneficially owns after giving effect to the transactions reported on this Form 4 is 6,070,898.
- [F5]BW Group, the Foundation and Euroholdings are jointly filing this Form 4 pursuant to Rule 16a-3(j) under the Exchange Act.
Documents
Issuer
DORIAN LPG LTD.
CIK 0001596993
Entity typeother
IncorporatedBermuda
Related Parties
1- filerCIK 0001649312
Filing Metadata
- Form type
- 4
- Filed
- Aug 21, 8:00 PM ET
- Accepted
- Aug 22, 2:43 PM ET
- Size
- 12.3 KB