secwatch.observer — SEC 8-K summary
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Issuer:     DORIAN LPG LTD. (LPG)
CIK:        0001596993
Form:       8-K
Filed at:   2023-09-08T23:59:59+00:00
Accession:  0001596993-23-000051
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Dorian LPG boosts CEO cash bonus to $1.225M, Lycouris to $450K; adds restricted shares
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- Chairman/CEO John Hadjipateras cash bonus increased from $1M to $1.225M; restricted share award raised from 72,500 to 84,500 shares.
- Executive John Lycouris cash bonus increased from $350K to $450K; restricted share award raised from 30,000 to 35,000 shares.
- Non-employee director annual compensation increased from $100K to $155K (100% equity), effective FY2024.
- Up to 20,000 restricted shares granted to non-executive employees, selected by Chairman at his discretion.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1596993/000159699323000051/0001596993-23-000051-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1596993/000159699323000051/lpg-20230908x8k.htm
  HTML page:      https://secwatch.observer/filing/0001596993-23-000051

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