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UGI CORP /PA/ Director's Dealing 2023

Jan 17, 2023

30792_dirs_2023-01-17_0c05884a-86a8-461e-8845-6db2178f819f.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: 2023-01-12

Reporting Person: Jastrzebski Thaddeus J (Chief Financial Officer)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2023-01-12 Options (Right to Buy) $41.45 A 29630 Acquired 2033-01-11 UGI Common Stock (29630.0) Direct
2023-01-12 Performance Units $0.0 A 10130 Acquired 2025-09-30 UGI Common Stock (10130.0) Direct
2023-01-12 Performance Units $0.0 A 7290 Acquired 2025-12-31 UGI Common Stock (7290.0) Direct
2023-01-12 Stock Units $ A 6760 Acquired UGI Common Stock (6760.0) Direct

Holdings (Non-Derivative)

Security Shares Ownership
UGI Common Stock 21279 Direct

Footnotes

F1: The total number of shares held by the reporting person gives effect to 1,708 shares of UGI Common Stock that were withheld for income tax liability purposes in connection with the vesting of an award made in 2018. These shares were previously included in Table 1 under the total number of shares held by the reporting person.

F2: These options vest in three equal annual installments beginning January 12, 2024.

F3: Effective January 12, 2023, 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.

F4: Effective January 12, 2023, 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.