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

• Category: Corporations - Public - Stock Options
• State: Multi-State
• City: Houston
• 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 Houston Texas Stock Option and Dividend Equivalent Plan is a financial program offered by UGI Corp., a leading multinational energy company headquartered in Houston, Texas. This plan allows employees of UGI Corp. to participate in the growth and success of the company by providing them with the opportunity to acquire company stock options and dividend equivalent rights. The Houston Texas Stock Option Plan is a form of employee compensation where eligible employees are granted the option to purchase a specific number of UGI Corp. shares at a predetermined price, known as the exercise price. These options typically have a set expiration date, after which they become void if not exercised. The purpose of this plan is to align employees' interests with the company's performance, as the value of the stock options increases with UGI Corp.'s stock price. The Dividend Equivalent Plan is an additional component of the Houston Texas Stock Option Plan. It offers eligible employees the opportunity to receive cash payments equivalent to the dividends that would be paid on the underlying shares of UGI Corp. stock. This allows employees to benefit from the dividends without actually owning the shares. The Dividend Equivalent Plan aims to enhance the overall compensation package for employees and further align their interests with the company's financial success. Exhibits of UGI Corp. show detailed information about the Houston Texas Stock Option and Dividend Equivalent Plan, including: 1. Stock Option Plan Agreement: This exhibit outlines the terms and conditions of the stock option plan, including the number of options granted, exercise price, vesting schedule, and expiration date. It also specifies any restrictions or conditions associated with exercising the options. 2. Dividend Equivalent Plan Terms: This exhibit provides a comprehensive description of the dividend equivalent plan, including the eligibility criteria, calculation methodology for dividend equivalents, and payment schedule. It may also include any additional provisions or limitations related to the plan. 3. Financial Reports: These exhibits showcase UGI Corp.'s financial performance, including its stock price history, dividend payouts, and the impact of the stock option and dividend equivalent plans on the company's overall financials. 4. Employee Communications: This exhibit may include documents such as brochures, memos, or presentations that UGI Corp. uses to communicate information about the stock option and dividend equivalent plans to its employees. It aims to provide employees with a clear understanding of the plans' benefits, eligibility requirements, and procedures for participation. Overall, the Houston Texas Stock Option and Dividend Equivalent Plan offered by UGI Corp. play a crucial role in attracting and retaining top talent while aligning employees' interests with the company's performance. By granting stock options and dividend equivalent rights, UGI Corp. fosters a sense of ownership and incentive among its workforce, ultimately contributing to the company's growth and success. Keywords: UGI Corp., Houston Texas, stock option plan, dividend equivalent plan, employee compensation, alignment of interests, employee benefits, exercise price, cash payments, vesting schedule, financial performance, eligibility criteria, restrictions, financial reports, employee communications.

Houston Texas Stock Option and Dividend Equivalent Plan is a financial program offered by UGI Corp., a leading multinational energy company headquartered in Houston, Texas. This plan allows employees of UGI Corp. to participate in the growth and success of the company by providing them with the opportunity to acquire company stock options and dividend equivalent rights. The Houston Texas Stock Option Plan is a form of employee compensation where eligible employees are granted the option to purchase a specific number of UGI Corp. shares at a predetermined price, known as the exercise price. These options typically have a set expiration date, after which they become void if not exercised. The purpose of this plan is to align employees' interests with the company's performance, as the value of the stock options increases with UGI Corp.'s stock price. The Dividend Equivalent Plan is an additional component of the Houston Texas Stock Option Plan. It offers eligible employees the opportunity to receive cash payments equivalent to the dividends that would be paid on the underlying shares of UGI Corp. stock. This allows employees to benefit from the dividends without actually owning the shares. The Dividend Equivalent Plan aims to enhance the overall compensation package for employees and further align their interests with the company's financial success. Exhibits of UGI Corp. show detailed information about the Houston Texas Stock Option and Dividend Equivalent Plan, including: 1. Stock Option Plan Agreement: This exhibit outlines the terms and conditions of the stock option plan, including the number of options granted, exercise price, vesting schedule, and expiration date. It also specifies any restrictions or conditions associated with exercising the options. 2. Dividend Equivalent Plan Terms: This exhibit provides a comprehensive description of the dividend equivalent plan, including the eligibility criteria, calculation methodology for dividend equivalents, and payment schedule. It may also include any additional provisions or limitations related to the plan. 3. Financial Reports: These exhibits showcase UGI Corp.'s financial performance, including its stock price history, dividend payouts, and the impact of the stock option and dividend equivalent plans on the company's overall financials. 4. Employee Communications: This exhibit may include documents such as brochures, memos, or presentations that UGI Corp. uses to communicate information about the stock option and dividend equivalent plans to its employees. It aims to provide employees with a clear understanding of the plans' benefits, eligibility requirements, and procedures for participation. Overall, the Houston Texas Stock Option and Dividend Equivalent Plan offered by UGI Corp. play a crucial role in attracting and retaining top talent while aligning employees' interests with the company's performance. By granting stock options and dividend equivalent rights, UGI Corp. fosters a sense of ownership and incentive among its workforce, ultimately contributing to the company's growth and success. Keywords: UGI Corp., Houston Texas, stock option plan, dividend equivalent plan, employee compensation, alignment of interests, employee benefits, exercise price, cash payments, vesting schedule, financial performance, eligibility criteria, restrictions, financial reports, employee communications.