Thaddeus J. Jastrzebski - 12 Jan 2023 Form 4 Insider Report for UGI CORP /PA/ (UGI)

Role
Chief Financial Officer
Signature
/s/ Pamela A. Meredith, Attorney-in-Fact for Thaddeus J. Jastrzebski
Issuer symbol
UGI
Transactions as of
12 Jan 2023
Net transactions value
$0
Form type
4
Filing time
17 Jan 2023, 16:39:58 UTC
Previous filing
04 Jan 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding UGI UGI Common Stock 21,279 12 Jan 2023 Direct F1

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 +29,630 $0.000000 29,630 12 Jan 2023 UGI Common Stock 29,630 $41.45 Direct F2
transaction UGI Performance Units Award $0 +10,130 $0.000000 10,130 12 Jan 2023 UGI Common Stock 10,130 $0.000000 Direct F3
transaction UGI Performance Units Award $0 +7,290 $0.000000 7,290 12 Jan 2023 UGI Common Stock 7,290 $0.000000 Direct F3
transaction UGI Stock Units Award $0 +6,760 $0.000000 6,760 12 Jan 2023 UGI Common Stock 6,760 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The total number of shares held by the reporting person gives effect to 1,708 shares of UGI Common Stock that were withheld for income tax liability purposes in connection with the vesting of an award made in 2018. These shares were previously included in Table 1 under the total number of shares held by the reporting person.
F2 These options vest in three equal annual installments beginning January 12, 2024.
F3 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.
F4 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.