Mario Longhi - Nov 1, 2024 Form 4 Insider Report for UGI CORP /PA/ (UGI)

Role
Director
Signature
/s/ Pamela A. Meredith, Attorney-In-Fact for Mario Longhi
Stock symbol
UGI
Transactions as of
Nov 1, 2024
Transactions value $
$0
Form type
4
Date filed
11/5/2024, 04:49 PM
Previous filing
Dec 14, 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 Performance Units Award $0 +64.8K $0.00 64.8K Nov 1, 2024 UGI Common Stock 64.8K $0.00 Direct F1
transaction UGI Stock Units Award $0 +42.6K $0.00 42.6K Nov 1, 2024 UGI Common Stock 42.6K Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Effective November 1, 2024, the reporting person was granted performance units under the UGI Corporation 2021 Incentive Award Plan in recognition of the reporting person's service as the Company's Interim President and Chief Executive Officer until November 1, 2024. 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.
F2 Effective November 1, 2024, the reporting person was granted time-restricted stock units with dividend equivalents under the UGI Corporation 2021 Incentive Award Plan in recognition of the reporting person's service as the Company's Interim President and Chief Executive Officer until November 1, 2024. Each time-restricted stock unit represents the right of the recipient to receive a share of UGI Common Stock, with 50% of such time-restricted stock units vesting on the second anniversary of the grant date and the remaining 50% vesting on the third anniversary of the grant date.