SEC Form 4 · accession 0001209191-19-004491
UGI CORP /PA/ · UGI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert F. Beard
Officer — EVP, Natural Gas
Period of report
Jan 16, 2019
Accepted (ET)
Jan 18, 2019 · 1:21 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 Stock | Jan 16, 2019 | M | 5,000 | $0.00 | A | 43,919 | D | |
| UGI Common Stock | Jan 16, 2019 | F | 1,506 | $53.35 | D | 42,413 | D | |
| UGI Common Stock | holding | — | — | — | 6,608 | I | 401(k) Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance UnitsF2 | $0.00 | Jan 16, 2019 | M | 5,000 | D | — | Dec 31, 2018 | UGI Common Stock | 5,000 | 0 | D |
Explanation of responses
- F1The shares were withheld by the issuer to satisfy the reporting person's income tax liability associated with the vesting of awards made in 2016.
- F2Effective January 1, 2016, 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.