Oivind Lorentzen - Mar 31, 2025 Form 4 Insider Report for DORIAN LPG LTD. (LPG)

Role
Director
Signature
By: /s/ Oivind Lorentzen
Stock symbol
LPG
Transactions as of
Mar 31, 2025
Transactions value $
-$540,450
Form type
4
Date filed
4/2/2025, 09:22 PM
Previous filing
Apr 4, 2023
Next filing
Apr 8, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LPG Common Shares, $0.01 par value per share Sale -$540K -23.4K -32.34% $23.11 48.9K Dec 20, 2024 Direct F1
transaction LPG Common Shares, $0.01 par value per share Award $0 +5.21K +130.55% $0.00 9.19K Mar 31, 2025 Direct F4
holding LPG Common Shares, $0.01 par value per share 3.99K Mar 31, 2025 Direct F2
holding LPG Common Shares, $0.01 par value per share 125K Mar 31, 2025 By Trust F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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.