John Koerwer - 12 Jan 2023 Form 4 Insider Report for UGI CORP /PA/ (UGI)

Signature
/s/ Pamela A. Meredith, Attorney-in-Fact for John Koerwer
Issuer symbol
UGI
Transactions as of
12 Jan 2023
Net transactions value
$0
Form type
4
Filing time
17 Jan 2023, 16:42:51 UTC
Previous filing
04 Jan 2022
Next filing
09 Mar 2023

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 +13,490 $0.000000 13,490 12 Jan 2023 UGI Common Stock 13,490 $41.45 Direct F1
transaction UGI Performance Units Award $0 +4,610 $0.000000 4,610 12 Jan 2023 UGI Common Stock 4,610 $0.000000 Direct F2
transaction UGI Performance Units Award $0 +3,320 $0.000000 3,320 12 Jan 2023 UGI Common Stock 3,320 $0.000000 Direct F2
transaction UGI Stock Units Award $0 +3,080 $0.000000 3,080 12 Jan 2023 UGI Common Stock 3,080 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.