4//SEC Filing
Gallagher Hugh J. 4
Accession 0001209191-19-047326
CIK 0000884614other
Filed
Aug 22, 8:00 PM ET
Accepted
Aug 23, 4:55 PM ET
Size
8.1 KB
Accession
0001209191-19-047326
Insider Transaction Report
Form 4
Gallagher Hugh J.
President & CEO of Subsidiary
Transactions
- Award
UGI Common Stock
2019-08-21+10,149→ 12,444 total - Award
Restricted Stock Unit
2019-08-21+38,644→ 38,644 total→ UGI Common Stock (38,644 underlying)
Footnotes (3)
- [F1]Under the Agreement and Plan of Merger dated as of 4/1/19 ("Merger Agreement") by and among UGI, AmeriGas Partners, L.P. ("APU") and the other parties thereto, on 8/21/19 (the "Effective Time"), each APU common unit ("AmeriGas Units") was automatically converted into the right to receive, at the election of each holder, but subject to any applicable withholding tax and the proration under the Merger Agreement, one of the following forms of consideration: (i) 0.6378 ("Multiplier") shares of UGI common stock; (ii) $7.63 in cash, without interest and 0.500 UGI Shares; or (iii) $35.325 in cash, without interest. In addition, APU performance units and restricted units issued to the reporting person under the AmeriGas Propane, Inc. long-term incentive plan was, at the Effective Time, cancelled and converted into a number of UGI restricted stock units as set forth in greater detail in the Merger Agreement.
- [F2]Each restricted stock unit is the economic equivalent of one UGI share and will be settled in cash.
- [F3]The units will vest over a period of up to three years following the date hereof and have no expiration date.
Documents
Issuer
UGI CORP /PA/
CIK 0000884614
Entity typeother
Related Parties
1- filerCIK 0001576690
Filing Metadata
- Form type
- 4
- Filed
- Aug 22, 8:00 PM ET
- Accepted
- Aug 23, 4:55 PM ET
- Size
- 8.1 KB