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

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Multi-State
Control #:
US-CC-18-305
Format:
Word; 
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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
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  • Preview Stock Option and Dividend Equivalent Plan with exhibits of UGI Corp.
  • Preview Stock Option and Dividend Equivalent Plan with exhibits of UGI Corp.
  • Preview Stock Option and Dividend Equivalent Plan with exhibits of UGI Corp.
  • Preview Stock Option and Dividend Equivalent Plan with exhibits of UGI Corp.
  • Preview Stock Option and Dividend Equivalent Plan with exhibits of UGI Corp.
  • Preview Stock Option and Dividend Equivalent Plan with exhibits of UGI Corp.
  • Preview Stock Option and Dividend Equivalent Plan with exhibits of UGI Corp.
  • Preview Stock Option and Dividend Equivalent Plan with exhibits of UGI Corp.
  • Preview Stock Option and Dividend Equivalent Plan with exhibits of UGI Corp.
  • Preview Stock Option and Dividend Equivalent Plan with exhibits of UGI Corp.
  • Preview Stock Option and Dividend Equivalent Plan with exhibits of UGI Corp.

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FAQ

A dividend equivalent right entitles the recipient to receive credits equal to the cash or stock dividends or other distributions that would have been received on shares of stock had the shares been issued and outstanding on the dividend record date.

A dividend equivalent payment is treated as a dividend from sources within the United States. ingly, the dividend is subject to the flat 30-percent withholding tax (or lower withholding tax rate, if provided for by a treaty) if received by a nonresident alien or foreign corporation (IRC § 871(m); Reg. §1.881-2).

Dividend Equivalent Amount means an amount determined by multiplying the number of Dividend Equivalents subject to a Grant by the per-share cash Dividend paid by the Company on its outstanding Company Stock, or the per-share fair market value (as determined by the Committee) of any Dividend paid by the Company on its ...

Dividend Equivalent means an amount determined by multiplying the number of shares of UGI common stock subject to the target award of Performance Units by the per-share cash dividend, or the per-share fair market value of any dividend in consideration other than cash, paid by UGI on its common stock.

A dividend equivalent payment is treated as a dividend from sources within the United States. ingly, the dividend is subject to the flat 30-percent withholding tax (or lower withholding tax rate, if provided for by a treaty) if received by a nonresident alien or foreign corporation (IRC § 871(m); Reg. §1.881-2).

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