Virginia 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 Virginia Stock Option and Dividend Equivalent Plan is a financial incentive program offered by UGI Corporation. This plan provides eligible employees with the opportunity to purchase UGI stock options and receive dividend equivalent payments. Let's explore the various types of this plan with exhibits from UGI Corp. Exhibit 1: Virginia Stock Option Plan The Virginia Stock Option Plan allows qualified employees of UGI Corp. to acquire stock options at a predetermined exercise price. These options provide the employees with the right to purchase UGI stock at a future date, usually after a vesting period. The exercise price is typically set at the fair market value of the stock on the grant date. This plan aims to align the interests of employees with UGI's shareholders by providing them with an ownership stake. Exhibit 2: Dividend Equivalent Plan UGI Corp. also offers a Dividend Equivalent Plan under the Virginia Stock Option program. This plan allows eligible employees who hold vested stock options to receive payments equivalent to the dividends paid on UGI stock. It provides employees with an opportunity to benefit from UGI's financial performance without direct ownership of the stock. Exhibit 3: Restricted Stock Unit (RSU) Plan In addition to the Virginia Stock Option and Dividend Equivalent Plan, UGI Corp. offers a Restricted Stock Unit Plan. Under this plan, eligible employees are granted RSS, which represent the right to receive UGI stock in the future. The RSS awarded to employees typically vest over a specific period, subject to certain conditions. Once vested, RSS convert into actual shares of UGI stock. Exhibit 4: Performance Stock Unit (PSU) Plan UGI Corp. also operates a Performance Stock Unit Plan as part of its Virginia Stock Option program. This plan rewards eligible employees based on the company's performance metrics. Performance goals are set, and if achieved, employees receive additional stock units or actual shares of UGI stock. PSU plans incentivize employees to contribute to UGI's growth and success. Exhibit 5: Employee Stock Purchase Plan (ESPN) UGI Corp. provides an Employee Stock Purchase Plan as an additional component of the Virginia Stock Option program. This plan allows eligible employees to purchase UGI stock at a discounted price through payroll deductions. It offers employees an opportunity to become shareholders and benefit from UGI's long-term growth. These exhibits highlight the Virginia Stock Option and Dividend Equivalent Plans offered by UGI Corp. They provide employees with various opportunities to participate in UGI's success, aligning their interests with the company's shareholders. Through stock options, dividend equivalents, RSS, Plus, and an ESPN, UGI Corp. aims to promote employee engagement and long-term performance.

Virginia Stock Option and Dividend Equivalent Plan is a financial incentive program offered by UGI Corporation. This plan provides eligible employees with the opportunity to purchase UGI stock options and receive dividend equivalent payments. Let's explore the various types of this plan with exhibits from UGI Corp. Exhibit 1: Virginia Stock Option Plan The Virginia Stock Option Plan allows qualified employees of UGI Corp. to acquire stock options at a predetermined exercise price. These options provide the employees with the right to purchase UGI stock at a future date, usually after a vesting period. The exercise price is typically set at the fair market value of the stock on the grant date. This plan aims to align the interests of employees with UGI's shareholders by providing them with an ownership stake. Exhibit 2: Dividend Equivalent Plan UGI Corp. also offers a Dividend Equivalent Plan under the Virginia Stock Option program. This plan allows eligible employees who hold vested stock options to receive payments equivalent to the dividends paid on UGI stock. It provides employees with an opportunity to benefit from UGI's financial performance without direct ownership of the stock. Exhibit 3: Restricted Stock Unit (RSU) Plan In addition to the Virginia Stock Option and Dividend Equivalent Plan, UGI Corp. offers a Restricted Stock Unit Plan. Under this plan, eligible employees are granted RSS, which represent the right to receive UGI stock in the future. The RSS awarded to employees typically vest over a specific period, subject to certain conditions. Once vested, RSS convert into actual shares of UGI stock. Exhibit 4: Performance Stock Unit (PSU) Plan UGI Corp. also operates a Performance Stock Unit Plan as part of its Virginia Stock Option program. This plan rewards eligible employees based on the company's performance metrics. Performance goals are set, and if achieved, employees receive additional stock units or actual shares of UGI stock. PSU plans incentivize employees to contribute to UGI's growth and success. Exhibit 5: Employee Stock Purchase Plan (ESPN) UGI Corp. provides an Employee Stock Purchase Plan as an additional component of the Virginia Stock Option program. This plan allows eligible employees to purchase UGI stock at a discounted price through payroll deductions. It offers employees an opportunity to become shareholders and benefit from UGI's long-term growth. These exhibits highlight the Virginia Stock Option and Dividend Equivalent Plans offered by UGI Corp. They provide employees with various opportunities to participate in UGI's success, aligning their interests with the company's shareholders. Through stock options, dividend equivalents, RSS, Plus, and an ESPN, UGI Corp. aims to promote employee engagement and long-term performance.