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Filing Details

Accession Number:: 0000903423-19-000283
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2019-07-10 14:26:11
Reporting Period:: 2019-07-08

Accepted Time:: 2019-07-10 14:26:11
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1596993	Dorian Lpg Ltd.	LPG	()	N2

Insiders

Cik	Name	Reported Address	Director	Officer	Large Shareholder	Other
1373176	Foundation Family Sohmen	Heiligkreuz 6, P O Box 484 Vaduz N2 FL-9490	No	No	Yes	No
1649311	Ltd Euroholdings Bw	C/O Mapletree Business City, #18-01; 10 Pasir Panjang Road Singapore U0 117438	No	No	Yes	No
1649312	Ltd Group Bw	C/O Mapletree Business City, #18-01; 10 Pasir Panjang Road Singapore U0 117438	No	No	Yes	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Disposition	2019-07-08	178,449	$9.13	6,879,886	No	4	S	Indirect	See footnotes
Common Stock	Disposition	2019-07-09	213,326	$9.53	6,666,560	No	4	S	Indirect	See footnotes

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	See footnotes
No	4	S	Indirect	See footnotes

Footnotes

On July 8, 2019, BW Euroholdings Limited ("Euroholdings") sold 178,449 shares of common stock, par value $0.01 per share (the "Common Shares"), of Dorian LPG Ltd. (the "Issuer"). Euroholdings is a wholly-owned subsidiary of BW Group Limited ("BW Group"). BW Group is a wholly-owned subsidiary of the Sohmen Family Foundation (the "Foundation").
The price reported in Column 4 is a weighted average price. These Common Shares were sold in multiple transactions at prices ranging from $9.10 to $9.22, inclusive. The reporting persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (2) and (4) to this Form 4.
On July 9, 2019, Euroholdings sold 213,326 Common Shares.
The price reported in Column 4 is a weighted average price. These Common Shares were sold in multiple transactions at prices ranging from $9.30 to $9.795, inclusive.
BW Group, the Foundation, Euroholdings, BW LPG Limited ("BW LPG"), which BW Group owns approximately 47.6% of as of July 10, 2019, and BW LPG Holding Limited ("LPG Holding"), a wholly-owned subsidiary of BW LPG, may be considered a group within the meaning of Section 13(d)(3) of the Exchange Act.
Each reporting person disclaims beneficial ownership of the shares reported herein except to the extent of its pecuniary interest therein, and this report shall not be deemed an admission that such reporting person is the beneficial owner of the shares for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose. As Euroholdings does not have a pecuniary interest in the 100 Common Shares owned by LPG Holding, the number of Common Shares it beneficially owns after giving effect to the transactions reported on this Form 4 is 6,666,460.
BW Group, the Foundation and Euroholdings are jointly filing this Form 4 pursuant to Rule 16a-3(j) under the Exchange Act.