Form 4 for LPG DORIAN LPG LTD.
Accepted 2023-08-08 00:00:00 ET · period of report 2023-08-05 · accession 0000919574-23-004375 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| M | 2023-08-08 | 2023-08-05 | LPG | HADJIPATERAS JOHN C | Pres, CEO, Dir, 10% | F - Tax | $28.33 | -33.6K | 1.79M | -2% | -$951.8K |
| 2023-08-08 | 2023-08-05 | LPG | HADJIPATERAS JOHN C | Pres, CEO, Dir, 10% | A - Grant | $0.00 | +72.5K | 1.81M | +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 | 2023-08-05 | F | D | 11,199 | $28.33 | 1,797,138 | D | — | — | (F2) In connection with the vesting of a portion of the August 2023 Restricted Stock Award (24,167 shares) on August 5, 2023, 11,199 shares were withheld by the Issuer to satisfy the Reporting Person's tax withholding obligations. |
| 2 | Common | Common Shares, $0.01 par value per share | 2023-08-05 | A | A | 72,500 | $0.00 | 1,808,337 | D | — | — | (F1) Restricted Stock Award (the "August 2023 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, 2023. Notwithstanding the foregoing, the restricted shares to be issued to the Reporting Person that are eligible to vest on August 5, 2025 shall vest subject to a vesting formula to be determined by the Compensation Committee of the Board of Directors of the Issuer. |
| 3 | Common | Common Shares, $0.01 par value per share | 2023-08-05 | F | D | 11,199 | $28.33 | 1,774,740 | D | — | — | (F4) Represents 11,199 shares reacquired to satisfy tax withholding obligations in connection with the vesting of 24,166 shares of restricted stock granted to the Reporting Person on August 5, 2021. |
| 4 | Common | Common Shares, $0.01 par value per share | 2023-08-05 | F | D | 11,199 | $28.33 | 1,785,939 | D | — | — | (F3) Represents 11,199 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, 2022. |