SCHLANGER MARVIN O 4
4 · UGI CORP /PA/ · Filed Jan 24, 2020
Insider Transaction Report
Form 4
SCHLANGER MARVIN O
Director
Transactions
- Award
UGI Common Stock
2020-01-22+2,350→ 139,330 total(indirect: Benefit Plan) - Award
Option (Right to Buy)
2020-01-22+9,060→ 9,060 totalExercise: $43.89From: 2020-01-22Exp: 2030-01-21→ UGI Common Stock (9,060 underlying)
Holdings
- 100,836
UGI Common Stock
- 11,710
Phantom Stock
From: 2019-08-21→ UGI Common Stock (11,710 underlying) - 3,637(indirect: By Spouse)
UGI Common Stock
Footnotes (5)
- [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]The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.
- [F4]These options were granted under the UGI Corporation 2013 Omnibus Incentive Compensation Plan and are fully vested on the effective date of the grant.
- [F5]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.