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UGI CORP /PA/ — Director's Dealing 2014
Jan 21, 2014
30792_dirs_2014-01-21_f14b402b-8fc1-4f40-a92a-cb3135304366.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: UGI CORP /PA/ (UGI)
CIK: 0000884614
Period of Report: 2014-01-16
Reporting Person: GREENBERG LON R (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-01-16 | UGI Common Stock | M | 70000 | — | Acquired | 378063 | Direct |
| 2014-01-16 | UGI Common Stock | F | 29113 | $41.46 | Disposed | 348950 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2014-01-16 | Performance Units | $0 | M | 70000 | Disposed | 2013-12-31 | UGI Common Stock (70000) | Direct |
Footnotes
F1: The shares were withheld by the issuer to satisfy the officer's income tax liability associated with the vesting of an award made in 2011.
F2: Effective January 1, 2011, the reporting person was granted Performance Units under the UGI Corporation 2004 Omnibus Plan. Each Performance Unit represents the right of the recipient to receive a share of Common Stock or an amount based on the value of a share of Common Stock, if specified performance goals and other conditions are met. Because all performance goals and other conditions were met during the performance measurement period, the reporting person received the target payout level.