UGI CORP /PA/ — Director's Dealing 2024

Jan 3, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: UGI CORP /PA/ (UGI)
CIK: 0000884614
Period of Report: 2023-12-31

Reporting Person: Zagorski Judy A. (Chief Human Resources Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-12-31	UGI Common Stock	M	5720	—	Acquired	7862	Direct
2023-12-31	UGI Common Stock	F	1904	$24.60	Disposed	5958	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2024-01-01	Options (Right to Buy)	$24.60	A	38040	Acquired	2033-12-31	UGI Common Stock (38040)	Direct
2024-01-01	Performance Units	$0	A	9760	Acquired	2026-09-30	UGI Common Stock (9760)	Direct
2024-01-01	Performance Units	$0	A	7940	Acquired	2026-12-31	UGI Common Stock (7940)	Direct
2024-01-01	Stock Units	$	A	6510	Acquired		UGI Common Stock (6510)	Direct

Footnotes

F1: The shares were withheld by the issuer to satisfy the reporting person's income tax liability associated with the vesting of an award made in 2021.

F2: These options vest in three equal annual installments beginning January 1, 2025.

F3: 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.

F4: 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.