Sean O'Brien - Jan 1, 2024 Form 4 Insider Report for UGI CORP /PA/ (UGI)

Role
Chief Financial Officer
Signature
/s/ Pamela A. Meredith, Attorney-in-Fact for Sean O'Brien
Stock symbol
UGI
Transactions as of
Jan 1, 2024
Transactions value $
$0
Form type
4
Date filed
1/3/2024, 05:34 PM
Previous filing
Apr 12, 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 +71.3K $0.00 71.3K Jan 1, 2024 UGI Common Stock 71.3K $24.60 Direct F1
transaction UGI Performance Units Award $0 +18.3K $0.00 18.3K Jan 1, 2024 UGI Common Stock 18.3K $0.00 Direct F2
transaction UGI Performance Units Award $0 +14.9K $0.00 14.9K Jan 1, 2024 UGI Common Stock 14.9K $0.00 Direct F2
transaction UGI Stock Units Award $0 +12.2K $0.00 12.2K Jan 1, 2024 UGI Common Stock 12.2K 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 1, 2025.
F2 Effective January 1, 2024, 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 1, 2024, 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.