SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person*
Bell Hans G.

(Last) (First) (Middle)
460 NORTH GULPH ROAD

(Street)
KING OF PRUSSIA PA 19406

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
09/01/2020
3. Issuer Name and Ticker or Trading Symbol
UGI CORP /PA/ [ UGI ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
President, UGI Utilities, Inc.
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
UGI Common Stock 13,725(1) D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Option (right to buy) (2) 12/31/2025 UGI Common Stock 11,300 $33.76 D
Option (right to buy) (3) 12/31/2026 UGI Common Stock 10,000 $46.08 D
Option (right to buy) (4) 04/30/2027 UGI Common Stock 4,500 $49.94 D
Option (right to buy) (5) 12/31/2027 UGI Common Stock 13,000 $46.95 D
Option (right to buy) (6) 12/31/2028 UGI Common Stock 12,530 $53.35 D
Option (right to buy) (7) 12/31/2029 UGI Common Stock 20,010 $45.16 D
Performance units (8) 12/31/2020 UGI Common Stock 2,000 $0.00 D
Performance units (9) 12/31/2021 UGI Common Stock 2,000 $0.00 D
Performance units (10) 12/31/2022 UGI Common Stock 2,480 $0.00 D
Explanation of Responses:
1. Includes 1,642 shares of UGI Common Stock that are held by the Hans G. Bell and Melissa A. Bell Trust, a joint tenancy for which the reporting person's spouse holds shared voting and investment power with the reporting person.
2. These options were granted January 1, 2016 and were fully vested on January 1, 2019.
3. These options were granted January 1, 2017 and were fully vested on January 1, 2020.
4. These options were granted May 1, 2017 and were fully vested on May 1, 2020.
5. These options were granted January 1, 2018 and vest in three equal annual installments beginning January 1, 2019.
6. These options were granted January 1, 2019 and vest in three equal annual installments beginning January 1, 2020.
7. These options were granted January 1, 2020 and will vest in three equal annual installments beginning January 1, 2021.
8. Effective January 1, 2018, the reporting person was granted performance units under the UGI Corporation 2013 Omnibus Incentive Compensation 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.
9. Effective January 1, 2019, the reporting person was granted performance units under the UGI Corporation 2013 Omnibus Incentive Compensation 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.
10. Effective January 1, 2020, the reporting person was granted performance units under the UGI Corporation 2013 Omnibus Incentive Compensation 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.
Remarks:
/s/ Jessica A Milner, Attorney-in-Fact for Hans G. Bell 09/09/2020
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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