Kathleen Shea-Ballay - 01 Jan 2024 Form 4 Insider Report for UGI CORP /PA/ (UGI)

Role: GC and Chief Legal Officer
Signature: /s/ Pamela A. Meredith, Attorney-in-Fact for Kathleen Shea-Ballay
Issuer symbol: UGI
Transactions as of: 01 Jan 2024
Net transactions value: $0
Form type: 4
Filing time: 03 Jan 2024, 17:40:41 UTC
Previous filing: 21 Jun 2023
Next filing: 03 Jan 2025
SEC: View on sec.gov

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	+38,040		$0.000000	38,040	01 Jan 2024	UGI Common Stock	38,040	$24.60	Direct	F1
transaction	UGI	Performance Units	Award	$0	+9,760		$0.000000	9,760	01 Jan 2024	UGI Common Stock	9,760	$0.000000	Direct	F2
transaction	UGI	Performance Units	Award	$0	+7,940		$0.000000	7,940	01 Jan 2024	UGI Common Stock	7,940	$0.000000	Direct	F2
transaction	UGI	Stock Units	Award	$0	+6,510		$0.000000	6,510	01 Jan 2024	UGI Common Stock	6,510		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 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.