Colorado Stock Option and Dividend Equivalent Plan with exhibits of UGI Corp.

• Category: Corporations - Public - Stock Options
• State: Multi-State
• Control #: US-CC-18-305
• Format: Word; Rich Text

Description

18-305 18-305 . . . Stock Option and Dividend Equivalent Plan which provides for issuance of Non-qualified Stock Options and Dividend Equivalents. From date of grant of option until earlier of (a) end of period selected by Committee over which total return realizable by stockholder of corporation on a share of stock is compared to that realizable by stockholders of companies in a Comparison Group ("Performance Period") or (b) date of participant's disability, death or termination of employment, corporation shall keep records for such participant ("Account") and shall credit Account with an amount equal to Dividend Equivalent associated with such option. Committee will determine measurable criteria pursuant to which total return realizable by stockholder on share of stock over applicable Performance Period can be compared to that realizable over same Performance Period by stockholders of Comparison Group. Extent to which participant receives payment of Dividend Equivalents will be determined by comparing such total return realizable by stockholder of the corporation to that realizable by stockholders of Comparison Group The Colorado Stock Option and Dividend Equivalent Plan is a compensation program offered by UGI Corp., a publicly traded company based in Colorado. This plan allows eligible employees to participate in the company's success by granting them stock options and dividend equivalents. Under this plan, employees are given the opportunity to purchase a specific number of UGI Corp. shares at a predetermined price, known as the exercise price. These stock options are typically granted over a predetermined vesting period, which means employees must wait for a certain period of time before they can exercise their options to buy company stock. The Colorado Stock Option and Dividend Equivalent Plan also includes a unique feature called the dividend equivalent. This feature allows employees to receive the equivalent value of dividends paid on the company's stock, even if they do not actually hold the shares. The dividend equivalents are typically paid in cash or additional stock options, providing additional financial benefits to participating employees. Exhibits of UGI Corp. may include: 1. UGI Corp. Stock Option Agreement: A sample agreement detailing the terms and conditions of stock options granted to employees under the plan. This exhibit outlines the exercise price, vesting schedule, and other relevant provisions. 2. UGI Corp. Dividend Equivalent Provision: A document describing the specifics of the dividend equivalent feature within the plan. It may include the method of calculation and any limitations or conditions associated with the payment of these equivalents. 3. UGI Corp. Employee Communication: A letter or document provided to employees explaining the Colorado Stock Option and Dividend Equivalent Plan. This communication may include information about eligibility criteria, benefits, and instructions on how to exercise options or receive dividend equivalents. 4. UGI Corp. Financial Statements: The company's financial statements, which may include relevant details about the stock options and dividend equivalents issued under the plan. These statements help shareholders and potential investors assess the impact of the plan on the company's financial position and performance. 5. UGI Corp. Board Resolutions: Copies of board resolutions or meeting minutes discussing the adoption or modification of the Colorado Stock Option and Dividend Equivalent Plan. These exhibits provide an insight into the decision-making process and any changes made to the plan over time. It's important to note that the specific types and exhibits of the Colorado Stock Option and Dividend Equivalent Plan provided by UGI Corp. may vary. It would be advisable to refer to UGI Corp.'s official documentation and disclosures for accurate and up-to-date information on their plan's details and exhibits.

The Colorado Stock Option and Dividend Equivalent Plan is a compensation program offered by UGI Corp., a publicly traded company based in Colorado. This plan allows eligible employees to participate in the company's success by granting them stock options and dividend equivalents. Under this plan, employees are given the opportunity to purchase a specific number of UGI Corp. shares at a predetermined price, known as the exercise price. These stock options are typically granted over a predetermined vesting period, which means employees must wait for a certain period of time before they can exercise their options to buy company stock. The Colorado Stock Option and Dividend Equivalent Plan also includes a unique feature called the dividend equivalent. This feature allows employees to receive the equivalent value of dividends paid on the company's stock, even if they do not actually hold the shares. The dividend equivalents are typically paid in cash or additional stock options, providing additional financial benefits to participating employees. Exhibits of UGI Corp. may include: 1. UGI Corp. Stock Option Agreement: A sample agreement detailing the terms and conditions of stock options granted to employees under the plan. This exhibit outlines the exercise price, vesting schedule, and other relevant provisions. 2. UGI Corp. Dividend Equivalent Provision: A document describing the specifics of the dividend equivalent feature within the plan. It may include the method of calculation and any limitations or conditions associated with the payment of these equivalents. 3. UGI Corp. Employee Communication: A letter or document provided to employees explaining the Colorado Stock Option and Dividend Equivalent Plan. This communication may include information about eligibility criteria, benefits, and instructions on how to exercise options or receive dividend equivalents. 4. UGI Corp. Financial Statements: The company's financial statements, which may include relevant details about the stock options and dividend equivalents issued under the plan. These statements help shareholders and potential investors assess the impact of the plan on the company's financial position and performance. 5. UGI Corp. Board Resolutions: Copies of board resolutions or meeting minutes discussing the adoption or modification of the Colorado Stock Option and Dividend Equivalent Plan. These exhibits provide an insight into the decision-making process and any changes made to the plan over time. It's important to note that the specific types and exhibits of the Colorado Stock Option and Dividend Equivalent Plan provided by UGI Corp. may vary. It would be advisable to refer to UGI Corp.'s official documentation and disclosures for accurate and up-to-date information on their plan's details and exhibits.