HERMANCE FRANK S 4
4 · UGI CORP /PA/ · Filed Jan 24, 2020
Insider Transaction Report
Form 4
HERMANCE FRANK S
Director
Transactions
- Award
Option (Right to Buy)
2020-01-22+19,570→ 19,570 totalExercise: $43.89From: 2020-01-22Exp: 2030-01-21→ UGI Common Stock (19,570 underlying) - Award
UGI Common Stock
2020-01-22+5,090→ 37,509 total(indirect: Benefit Plan)
Holdings
- 2,823
Phantom Units
From: 2019-08-21→ UGI Common Stock (2,823 underlying) - 400,000
UGI Common Stock
Footnotes (4)
- [F1]Total gives effect to dividend equivalent accruals.
- [F2]Effective January 22, 2020, the reporting person was granted Stock Units under the UGI Corporation 2013 Omnibus Incentive Compensation Plan. Each stock unit represents the right of the recipient to receive a share of Common Stock upon retirement or termination of service.
- [F3]These options were granted under the UGI Corporation 2013 Omnibus Incentive Compensation Plan and are fully vested on the effective date of the grant.
- [F4]Each share of Phantom Units is the economic equivalent of one share of UGI Common Stock. The shares of Phantom Units will be settled in cash upon retirement or termination of service. The Phantom Units have no expiration date. This amount also gives effect to dividend equivalent accruals. The Phantom Units were incorrectly reported in Table 1 of the reporting person's Form 4 dated August 23, 2019.