UGI CORP /PA/ — Director's Dealing 2010

Jan 4, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: UGI CORP /PA/ (UGI)
CIK: 0000884614
Period of Report: 2010-01-01

Reporting Person: Varagne Francois (Chairman of Subsidiary)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-01-01	Option (right to buy)	$24.19	A	57000	Acquired	2019-06-30	UGI Common Stock (57000)	Direct
2010-01-01	Performance Units	$0	A	18500	Acquired	2012-12-31	UGI Common Stock (18500)	Direct

Footnotes

F1: These options will fully vest on January 1, 2014.

F2: Effective January 1, 2010, the reporting person was granted performance units under the Amended and Restated UGI Corporation 2004 Omnibus Equity Compensation Plan - French Sub Plan. Each performance unit represents the right of the recipient to receive a share of stock, if specified performance goals and other conditions are met.