Thaddeus J. Jastrzebski - Jan 12, 2023 Form 4 Insider Report for UGI CORP /PA/ (UGI)

Role: Chief Financial Officer
Signature: /s/ Pamela A. Meredith, Attorney-in-Fact for Thaddeus J. Jastrzebski
Stock symbol: UGI
Transactions as of: Jan 12, 2023
Transactions value $: $0
Form type: 4
Date filed: 1/17/2023, 04:39 PM
Previous filing: Jan 4, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	UGI	UGI Common Stock						21.3K	Jan 12, 2023	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	UGI	Options (Right to Buy)	Award	$0	+29.6K		$0.00	29.6K	Jan 12, 2023	UGI Common Stock	29.6K	$41.45	Direct	F2
transaction	UGI	Performance Units	Award	$0	+10.1K		$0.00	10.1K	Jan 12, 2023	UGI Common Stock	10.1K	$0.00	Direct	F3
transaction	UGI	Performance Units	Award	$0	+7.29K		$0.00	7.29K	Jan 12, 2023	UGI Common Stock	7.29K	$0.00	Direct	F3
transaction	UGI	Stock Units	Award	$0	+6.76K		$0.00	6.76K	Jan 12, 2023	UGI Common Stock	6.76K		Direct	F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The total number of shares held by the reporting person gives effect to 1,708 shares of UGI Common Stock that were withheld for income tax liability purposes in connection with the vesting of an award made in 2018. These shares were previously included in Table 1 under the total number of shares held by the reporting person.
F2	These options vest in three equal annual installments beginning January 12, 2024.
F3	Effective January 12, 2023, the reporting person was granted performance units under the UGI Corporation 2021 Incentive Award 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.
F4	Effective January 12, 2023, the reporting person was granted stock units with dividend equivalents under the UGI Corporation 2021 Incentive Award Plan. Each stock unit represents the right of the reporting person to receive a share of UGI Common Stock after three years of employment.