Form 4 for LPG DORIAN LPG LTD.
Accepted 2022-08-09 00:00:00 ET · period of report 2022-06-27 · accession 0000919574-22-004654 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022-08-09 | 2022-08-05 | LPG | HADJIPATERAS JOHN C | Pres, CEO, Dir, 10% | A - Grant | $0.00 | +72.5K | 1.73M | +4% | $0 | |
| M | 2022-08-09 | 2022-08-05 | LPG | HADJIPATERAS JOHN C | Pres, CEO, Dir, 10% | F - Tax | $15.70 | -13.1K | 1.72M | -0.8% | -$204.9K |
| 2022-08-09 | 2022-06-27 | LPG | HADJIPATERAS JOHN C | Pres, CEO, Dir, 10% | G - Gift | $0.00 | -6,000 | 1.66M | -0.4% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Shares, $0.01 par value per share | 2022-08-05 | A | A | 72,500 | $0.00 | 1,734,890 | D | — | — | (F2) (continued from footnote 1) over any consecutive 15-day period prior to the final business day of the tenth fiscal quarter following the Grant Date of the Vesting Shares, as reported on Bloomberg (or on such other internationally recognized financial information provider), equals or exceeds, 95% of the book value of an Issuer share, which shall be determined (in good faith by the management of the Issuer) in respect of the Scheduled Vesting Date, as of the first business day of the fiscal quarter immediately preceding the Scheduled Vesting Date. (F1) Restricted Stock Award (the "August 2022 Restricted Stock Award"), pursuant to which the applicable restricted shares shall vest ratably and in three equal installments commencing with, and on the subsequent anniversaries of, August 5, 2022 (the "Grant Date"). Notwithstanding the foregoing, the restricted shares (the "Vesting Shares") to be issued to the Reporting Person that are eligible to vest on August 5, 2024 (the "Scheduled Vesting Date") shall vest when and only if the volume weighted average price of the Issuer's common shares |
| 2 | Common | Common Shares, $0.01 par value per share | 2022-08-05 | F | D | 10,856 | $15.70 | 1,724,034 | D | — | — | (F3) In connection with the vesting of a portion of the August 2022 Restricted Stock Award (24,167 shares) on August 5, 2022, 10,856 shares were withheld by the Issuer to satisfy the Reporting Person's tax withholding obligations. |
| 3 | Common | Common Shares, $0.01 par value per share | 2022-08-05 | F | D | 2,197 | $15.70 | 1,721,837 | D | — | — | (F4) Represents 2,197 shares reacquired to satisfy tax withholding obligations in connection with the vesting of 24,167 shares of restricted stock granted to the Reporting Person on August 5, 2021. |
| 4 | Common | Common Shares, $0.01 par value per share | 2022-06-27 | G | D | 6,000 | $0.00 | 1,662,390 | D | — | — |