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