Louisiana 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 Title: Understanding Louisiana Stock Option and Dividend Equivalent Plan of UGI Corp. Introduction: The Louisiana Stock Option and Dividend Equivalent Plan is a type of compensation arrangement offered by UGI Corporation, a leading energy distribution and services company. This plan provides employees with the opportunity to acquire company stock options and receive dividends on those shares. In this article, we will delve into the details of UGI Corp's Louisiana Stock Option and Dividend Equivalent Plan, exploring its key features and variants. Exhibit 1: UGI Corporation Overview [U1] Briefly discuss UGI Corp's history, industry position, and key operations to provide context. Exhibit 2: Louisiana Stock Option Plan [U2] Detail the key components of UGI Corp's stock option plan: 1. Eligibility: Specify the criteria for employee eligibility, such as tenure or job level. 2. Stock Option Grant: Describe how stock option grants are awarded to selected employees. 3. Exercise Price: Explain the predetermined price at which employees can purchase company stock. 4. Vesting Schedule: Outline the timeline and conditions under which stock options become exercisable. 5. Employee Benefits: Discuss the advantages of participating in the stock option plan, such as potential capital gains. Exhibit 3: Louisiana Dividend Equivalent Plan [U3] Describe UGI Corp's dividend equivalent plan, which is designed to supplement the stock option plan: 1. Dividend Payments: Explain how employees receive simulated dividends equivalent to actual company dividends. 2. Accumulation Period: Detail the time during which dividend equivalents accumulate. 3. Payment and Conversion: Explain when accumulated dividend equivalents are distributed or converted into additional stock options. Types of Louisiana Stock Option and Dividend Equivalent Plans: [U4] Discuss different types or variants of UGI Corp's Louisiana Stock Option and Dividend Equivalent Plan, if applicable: 1. Tiered Vesting Schedule: Illustrate a plan that grants different levels of vesting based on employee hierarchy or tenure. 2. Performance-Based Plan: Describe a plan that incorporates performance metrics, linking stock option grants or dividend equivalents to individual or company achievements. 3. Restricted Stock Units (RSS): Explain an alternative plan where employees receive actual company stock instead of stock options. Exhibit 4: Tax Implications and Additional Considerations [U5] Address the tax implications associated with UGI Corp's Louisiana Stock Option and Dividend Equivalent Plan, including potential tax benefits or employee obligations. [U6] Explore other factors to consider, such as plan administration, plan modifications, and the impact of such plans on employee motivation and retention. Conclusion: Concluding remarks on the significance of Louisiana Stock Option and Dividend Equivalent Plans offered by UGI Corp. Emphasize how these plans align employee interests with the company's success, fostering a sense of ownership and motivation.

Title: Understanding Louisiana Stock Option and Dividend Equivalent Plan of UGI Corp. Introduction: The Louisiana Stock Option and Dividend Equivalent Plan is a type of compensation arrangement offered by UGI Corporation, a leading energy distribution and services company. This plan provides employees with the opportunity to acquire company stock options and receive dividends on those shares. In this article, we will delve into the details of UGI Corp's Louisiana Stock Option and Dividend Equivalent Plan, exploring its key features and variants. Exhibit 1: UGI Corporation Overview [U1] Briefly discuss UGI Corp's history, industry position, and key operations to provide context. Exhibit 2: Louisiana Stock Option Plan [U2] Detail the key components of UGI Corp's stock option plan: 1. Eligibility: Specify the criteria for employee eligibility, such as tenure or job level. 2. Stock Option Grant: Describe how stock option grants are awarded to selected employees. 3. Exercise Price: Explain the predetermined price at which employees can purchase company stock. 4. Vesting Schedule: Outline the timeline and conditions under which stock options become exercisable. 5. Employee Benefits: Discuss the advantages of participating in the stock option plan, such as potential capital gains. Exhibit 3: Louisiana Dividend Equivalent Plan [U3] Describe UGI Corp's dividend equivalent plan, which is designed to supplement the stock option plan: 1. Dividend Payments: Explain how employees receive simulated dividends equivalent to actual company dividends. 2. Accumulation Period: Detail the time during which dividend equivalents accumulate. 3. Payment and Conversion: Explain when accumulated dividend equivalents are distributed or converted into additional stock options. Types of Louisiana Stock Option and Dividend Equivalent Plans: [U4] Discuss different types or variants of UGI Corp's Louisiana Stock Option and Dividend Equivalent Plan, if applicable: 1. Tiered Vesting Schedule: Illustrate a plan that grants different levels of vesting based on employee hierarchy or tenure. 2. Performance-Based Plan: Describe a plan that incorporates performance metrics, linking stock option grants or dividend equivalents to individual or company achievements. 3. Restricted Stock Units (RSS): Explain an alternative plan where employees receive actual company stock instead of stock options. Exhibit 4: Tax Implications and Additional Considerations [U5] Address the tax implications associated with UGI Corp's Louisiana Stock Option and Dividend Equivalent Plan, including potential tax benefits or employee obligations. [U6] Explore other factors to consider, such as plan administration, plan modifications, and the impact of such plans on employee motivation and retention. Conclusion: Concluding remarks on the significance of Louisiana Stock Option and Dividend Equivalent Plans offered by UGI Corp. Emphasize how these plans align employee interests with the company's success, fostering a sense of ownership and motivation.