SEC Form 4 · accession 0001209191-18-004612
UGI CORP /PA/ · UGI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph L. Hartz
Officer — President of Subsidiary
Period of report
Jan 17, 2018
Accepted (ET)
Jan 19, 2018 · 5:23 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000884614
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| UGI Common StockF1,F2 | Jan 17, 2018 | M | 1,617 | $0.00 | A | 27,759 | D | |
| UGI Common StockF1,F2 | Jan 17, 2018 | F | 546 | $46.95 | D | 27,213 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance UnitsF4 | $0.00 | Jan 17, 2018 | M | 2,250 | D | — | Dec 31, 2017 | UGI Common Stock | 2,250 | 0 | D |
Explanation of responses
- F1Includes 750 shares held jointly with Mr. Hartz's spouse.
- F2Includes shares acquired under the issuer's dividend reinvestment plan.
- F3The shares were withheld by the issuer to satisfy the reporting person's income tax liability associated with the vesting of awards made in 2015.
- F4Effective January 1, 2015, the reporting person was granted Performance Units under the UGI Corporation 2013 Omnibus Incentive Compensation 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 certain performance goals and other conditions were not met during the performance measurement period, the reporting person forfeited a portion of the grant.