SEC Form 4 · accession 0001209191-18-033015
UGI CORP /PA/ · UGI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thaddeus J Jastrzebski
Officer — Chief Financial Officer
Period of report
May 22, 2018
Accepted (ET)
May 24, 2018 · 4:49 pm EDT
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 | May 22, 2018 | A | 12,000 | $0.00 | A | 12,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option (Right to Buy)F2 | $49.19 | May 22, 2018 | A | 155,000 | A | — | May 21, 2028 | UGI Common Stock | 155,000 | 155,000 | D |
| Performance UnitsF3 | $0.00 | May 22, 2018 | A | 4,000 | A | — | Dec 31, 2018 | UGI Common Stock | 4,000 | 4,000 | D |
| Performance UnitsF3 | $0.00 | May 22, 2018 | A | 7,000 | A | — | Dec 31, 2019 | UGI Common Stock | 7,000 | 7,000 | D |
| Performance UnitsF3 | $0.00 | May 22, 2018 | A | 10,000 | A | — | Dec 31, 2020 | UGI Common Stock | 10,000 | 10,000 | D |
Explanation of responses
- F1Effective May 22, 2018, the reporting person was granted Stock Units with dividend equivalents under the UGI Corporation 2013 Omnibus Incentive Compensation Plan. Each Stock Unit represents the right of the reporting person to receive a share of UGI Common Stock in equal annual installments, beginning on the second anniversary of the date of grant.
- F2These options vest in equal annual installments beginning May 22, 2019.
- F3Effective May 22, 2018, the reporting person was granted performance units with dividend equivalents under the UGI Corporation 2013 Omnibus Incentive Compensation 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.