0001209191-18-006067.txt : 20180130 0001209191-18-006067.hdr.sgml : 20180130 20180130172656 ACCESSION NUMBER: 0001209191-18-006067 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20180126 FILED AS OF DATE: 20180130 DATE AS OF CHANGE: 20180130 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: HNA Investment Management LLC CENTRAL INDEX KEY: 0001645650 STATE OF INCORPORATION: DE FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36437 FILM NUMBER: 18560198 BUSINESS ADDRESS: STREET 1: C/O HNA GROUP NORTH AMERICA LLC STREET 2: 1180 AVENUE OF THE AMERICAS, SUITE 1910 CITY: NEW YORK STATE: NY ZIP: 10036 BUSINESS PHONE: 2122683000 MAIL ADDRESS: STREET 1: C/O HNA GROUP NORTH AMERICA LLC STREET 2: 1180 AVENUE OF THE AMERICAS, SUITE 1910 CITY: NEW YORK STATE: NY ZIP: 10036 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 doc4.xml FORM 4 SUBMISSION X0306 4 2018-01-26 1 0001596993 DORIAN LPG LTD. LPG 0001645650 HNA Investment Management LLC 1180 AVENUE OF THE AMERICAS SUITE 1801 NEW YORK NY 10036 0 0 1 0 Common Stock, par value $0.01 per share 2018-01-26 4 S 0 5013583 7.30 D 0 D Common Stock, par value $0.01 per share 2018-01-26 4 S 0 1412698 7.30 D 0 D As described in additional detail below, the filer disposed of its Section 13 beneficial ownership of 5,013,583 shares of common stock, par value $0.01 per share ("Common Stock") of Dorian LPG Ltd. (the "Issuer") on this date, but had no pecuniary interest in those shares and therefore has not disposed of them for the purposes of Section 16 of the Securities Exchange Act of 1934, as amended ("Section 16"). As described in additional detail below, the filer disposed of its Section 13 beneficial ownership of 1,412,698 shares of Common Stock of the Issuer on this date, but had no pecuniary interest in those shares and therefore has not disposed of them for the purposes of Section 16. Following the dispositions of shares described in this Form 4, the reporting person had Section 13 beneficial ownership of no shares of Common Stock. Among the shares of Common Stock held immediately prior to the transactions reported on this Form 4, 5,013,583 shares were owned directly by Sino Energy Holdings LLC ("Sino Energy") and 1,412,698 shares were owned directly by HNA Logistics LP ("HNA Logistics"). Each of Sino Energy and the general partner of HNA Logistics is a controlled affiliate of HNA Group Co., Ltd. Each of Sino Energy, HNA Logistics and the general partner of HNA Logistics has contractually delegated all authority to acquire, vote and dispose of the Common Stock to HNA Investment Management LLC (the "Manager") and thereby fully transferred to the Manager its Section 13 beneficial ownership of the Common Stock. However, Sino Energy and HNA Logistics retained the entire pecuniary interest in the shares of Common Stock they directly owned, and the Manager did not receive a performance based fee for its services. Accordingly, the Manager, while considered a 10% shareholder of the Issuer did not beneficially own any shares for the purposes of Section 16. /s/ Enrico Marini Finchera, as member 2018-01-30