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 Suffolk New York Stock Option and Dividend Equivalent Plan offered by UGI Corp. is a comprehensive program designed to provide eligible employees with the opportunity to invest in the company's stock and receive dividend equivalent payments. This plan allows employees to share in the financial success of the company and align their interests with the long-term growth of UGI Corp. There are various types of stock option and dividend equivalent plans available under Suffolk New York Stock Option and Dividend Equivalent Plan provided by UGI Corp. These include: 1. Stock Options: Under this plan, eligible employees are offered the opportunity to purchase a specified number of shares of UGI Corp. stock at a predetermined price, known as the exercise price. The stock options are typically granted as an incentive for employees to contribute to the company's performance and increase shareholder value. Employees can exercise their stock options after a certain vesting period, enabling them to profit from any increase in the company's stock price. 2. Dividend Equivalent Payments: In addition to stock options, UGI Corp. offers employees the chance to receive dividend equivalent payments. Dividend equivalents are cash payments that mimic the dividends paid out to shareholders. Eligible employees participating in this plan receive these payments on their stock options, even if they have not exercised them yet. This allows employees to enjoy the benefits of dividends without actually owning the underlying shares. UGI Corp. provides exhibits to assist employees in understanding the Suffolk New York Stock Option and Dividend Equivalent Plan. These exhibits serve as visual aids that outline the terms, conditions, and potential benefits associated with participating in the plan. They typically include charts, graphs, and tables that present historical stock price trends, dividend payment records, and the potential value of stock options over time. By offering such comprehensive and attractive stock option and dividend equivalent plans, UGI Corp. aims to enhance employee engagement, motivation, and retention. These plans align the interests of the employees and the company, fostering a sense of ownership and a collective commitment to achieving its long-term financial goals. Keywords: Suffolk New York Stock Option and Dividend Equivalent Plan, UGI Corp., stock options, dividend equivalent payments, exhibits, employee engagement, shareholder value, long-term growth, vested stock options, exercise price.
The Suffolk New York Stock Option and Dividend Equivalent Plan offered by UGI Corp. is a comprehensive program designed to provide eligible employees with the opportunity to invest in the company's stock and receive dividend equivalent payments. This plan allows employees to share in the financial success of the company and align their interests with the long-term growth of UGI Corp. There are various types of stock option and dividend equivalent plans available under Suffolk New York Stock Option and Dividend Equivalent Plan provided by UGI Corp. These include: 1. Stock Options: Under this plan, eligible employees are offered the opportunity to purchase a specified number of shares of UGI Corp. stock at a predetermined price, known as the exercise price. The stock options are typically granted as an incentive for employees to contribute to the company's performance and increase shareholder value. Employees can exercise their stock options after a certain vesting period, enabling them to profit from any increase in the company's stock price. 2. Dividend Equivalent Payments: In addition to stock options, UGI Corp. offers employees the chance to receive dividend equivalent payments. Dividend equivalents are cash payments that mimic the dividends paid out to shareholders. Eligible employees participating in this plan receive these payments on their stock options, even if they have not exercised them yet. This allows employees to enjoy the benefits of dividends without actually owning the underlying shares. UGI Corp. provides exhibits to assist employees in understanding the Suffolk New York Stock Option and Dividend Equivalent Plan. These exhibits serve as visual aids that outline the terms, conditions, and potential benefits associated with participating in the plan. They typically include charts, graphs, and tables that present historical stock price trends, dividend payment records, and the potential value of stock options over time. By offering such comprehensive and attractive stock option and dividend equivalent plans, UGI Corp. aims to enhance employee engagement, motivation, and retention. These plans align the interests of the employees and the company, fostering a sense of ownership and a collective commitment to achieving its long-term financial goals. Keywords: Suffolk New York Stock Option and Dividend Equivalent Plan, UGI Corp., stock options, dividend equivalent payments, exhibits, employee engagement, shareholder value, long-term growth, vested stock options, exercise price.