0000919574-21-004928.txt : 20210809
0000919574-21-004928.hdr.sgml : 20210809
20210809183926
ACCESSION NUMBER: 0000919574-21-004928
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210805
FILED AS OF DATE: 20210809
DATE AS OF CHANGE: 20210809
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Hansen Tim Truels
CENTRAL INDEX KEY: 0001815798
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36437
FILM NUMBER: 211157818
MAIL ADDRESS:
STREET 1: STRANDHOLMS ALLE 23
CITY: HVIDOVRE
STATE: G7
ZIP: 2650
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: DORIAN LPG LTD.
CENTRAL INDEX KEY: 0001596993
STANDARD INDUSTRIAL CLASSIFICATION: DEEP SEA FOREIGN TRANSPORTATION OF FREIGHT [4412]
IRS NUMBER: 000000000
STATE OF INCORPORATION: 1T
FISCAL YEAR END: 0331
BUSINESS ADDRESS:
STREET 1: 27 SIGNAL ROAD
CITY: STAMFORD
STATE: CT
ZIP: 06878
BUSINESS PHONE: 203-978-1234
MAIL ADDRESS:
STREET 1: 27 SIGNAL ROAD
CITY: STAMFORD
STATE: CT
ZIP: 06878
4
1
ownership.xml
X0306
4
2021-08-05
0
0001596993
DORIAN LPG LTD.
LPG
0001815798
Hansen Tim Truels
STRANDHOLMS ALLE 23
HVIDOVRE
G7
2650
DENMARK
0
1
0
0
Chief Commercial Officer
Common Stock
2021-08-05
4
A
0
25000
A
153866
D
On August 5, 2021, the reporting person was granted 25,000 restricted stock units. The award represents a grant of restricted stock units pursuant to the Issuer's 2014 Equity Incentive Plan. Under the terms of the award agreement, the restricted stock units shall vest ratably in equal installments on the first and second anniversaries of August 5, 2021 (the "Grant Date"). Notwithstanding the foregoing, restricted stock units (the "Vesting Shares") to be issued to the reporting person that are eligible to vest on August 5, 2023 (the "Scheduled Vesting Date") shall vest when and only if the volume weighted average price of the Issuer's common shares
(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.
Includes 60,000 shares underlying restricted stock units.
By: /s/ Tim Truels Hansen
2021-08-09