secwatch.observer — SEC 8-K summary
======================================

Issuer:     DORIAN LPG LTD. (LPG)
CIK:        0001596993
Form:       8-K
Filed at:   2023-07-07T23:59:59+00:00
Accession:  0001596993-23-000036
Event type: other
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Dorian LPG discloses FY2023 executive bonuses, equity awards, and salary adjustments
--------------------------------------------------------------------------------

- Cash bonuses to five NEOs totaling ~$2.7M; J.C. Hadjipateras $1M, Lycouris $350k, Young $550k, Hansen DKK3.25M ($487.5k), A. Hadjipateras $300k.
- Restricted stock/RSU awards: 72,500 to J.C. Hadjipateras, 30,000 each to Lycouris, Young, A. Hadjipateras; 25,000 RSUs to Hansen; vest over 2-3 years.
- Base salaries unchanged for most; Hansen increased to DKK3.9M ($585k) from DKK3.75M. Others: J.C. Hadjipateras $650k, Young $550k, Lycouris $550k, A. Hadjipateras $370k.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1596993/000159699323000036/0001596993-23-000036-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1596993/000159699323000036/lpg-20230707x8k.htm
  HTML page:      https://secwatch.observer/filing/0001596993-23-000036

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer