Robert F. Beard - Jan 12, 2023 Form 4 Insider Report for UGI CORP /PA/ (UGI)

Role
Chief Operations Officer
Signature
/s/ Pamela A. Meredith, Attorney-in-Fact for Robert F. Beard
Stock symbol
UGI
Transactions as of
Jan 12, 2023
Transactions value $
$0
Form type
4
Date filed
1/17/2023, 04:33 PM
Previous filing
Jan 4, 2022
Next filing
Jan 3, 2024

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction UGI Options (Right to Buy) Award $0 +42.9K $0.00 42.9K Jan 12, 2023 UGI Common Stock 42.9K $41.45 Direct F1
transaction UGI Performance Units Award $0 +14.7K $0.00 14.7K Jan 12, 2023 UGI Common Stock 14.7K $0.00 Direct F2
transaction UGI Performance Units Award $0 +10.5K $0.00 10.5K Jan 12, 2023 UGI Common Stock 10.5K $0.00 Direct F2
transaction UGI Stock Units Award $0 +9.77K $0.00 9.77K Jan 12, 2023 UGI Common Stock 9.77K Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These options vest in three equal annual installments beginning January 12, 2024.
F2 Effective January 12, 2023, the reporting person was granted performance units under the UGI Corporation 2021 Incentive Award Plan. Each performance unit represents the right of the reporting person to receive a share of UGI Common Stock if specified performance goals and other conditions are met.
F3 Effective January 12, 2023, the reporting person was granted stock units with dividend equivalents under the UGI Corporation 2021 Incentive Award Plan. Each stock unit represents the right of the reporting person to receive a share of UGI Common Stock after three years of employment.