Title: Understanding Ohio Stock Option and Dividend Equivalent Plan of UGI Corp. Introduction: In this article, we will delve into the Ohio Stock Option and Dividend Equivalent Plan specifically tailored for UGI Corp. This detailed description aims to provide an insightful overview of these unique employee compensation schemes. Let's explore various aspects of Ohio Stock Option and Dividend Equivalent Plans offered by UGI Corp. Keywords: Ohio Stock Option and Dividend Equivalent Plan, UGI Corp., employee compensation, schemes 1. Ohio Stock Option Plan: The Ohio Stock Option Plan offered by UGI Corp. is a benefit program designed to incentivize and reward employees by granting them the right to purchase shares of UGI Corp. common stock at a predetermined price, within a specified period. This plan encourages employees to participate in the company's growth and align their interests with UGI Corp.'s overall success. Exhibit 1: Ohio Stock Option Plan Structure — Detailed breakdown of eligibility criteria and employee groups included. — Explanation of the grant process, including stock option pricing and vesting periods. — Exhibit showcasing potential benefits and advantages of participating in the plan. — Graphical representation of the potential return on investment based on varying levels of stock price appreciation. 2. Ohio Dividend Equivalent Plan: The Ohio Dividend Equivalent Plan offered by UGI Corp. is an additional component of their overall compensation package. Through this plan, eligible employees may earn the equivalent value of dividends paid on a predetermined number of UGI Corp. shares, even if they do not directly own these shares. Exhibit 2: Ohio Dividend Equivalent Plan Structure — Detailed breakdown of eligibility criteria and employees' availability to participate. — Explanation of the calculation methodology for determining dividend equivalents. — Illustration of the various ways employees can receive dividend equivalents (e.g., cash, additional stock options, etc.). — Comparison chart presenting the benefits of dividend equivalents over traditional dividend payments. Different Types of Ohio Stock Option and Dividend Equivalent Plans: 1. Ohio Stock Option Plan for Executives: UGI Corp. extends a specialized stock option plan to its top-level executives, designed to align their interests with the long-term growth of the company. This plan may offer enhanced benefits and different vesting criteria as compared to the general Ohio Stock Option Plan. Exhibit 3: Executive Ohio Stock Option Plan — Detailed breakdown of eligibility criteria specific to executives. — Explanation of enhanced benefits and additional performance-based criteria. — Graphical representation showcasing potential executive stock option gains based on the company's performance. 2. Ohio Dividend Equivalent Plan for Long-Term Employees: The UGI Corp. Long-Term Employee Dividend Equivalent Plan aims to reward dedicated employees who have been with the company for a significant duration. This specialized plan strives to reinforce loyalty and provide additional incentives for long-term contributions. Exhibit 4: Long-Term Employee Dividend Equivalent Plan — Detailed explanation of eligibility criteria, which emphasize tenure and loyalty. — Breakdown of additional bonuses or benefits associated with the plan. — Testimonials or success stories illustrating how the plan has positively impacted long-serving employees. Conclusion: The Ohio Stock Option and Dividend Equivalent Plans offered by UGI Corp. provide unique opportunities for employees to align themselves with the company's success and enjoy benefits beyond traditional compensation. By implementing these plans, UGI Corp. strengthens employee engagement, loyalty, and long-term commitment.
Ohio Stock Option and Dividend Equivalent Plan with exhibits of UGI Corp.
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UGI Corporation's stock symbol is UGI and currently trades under NYSE. It's current price per share is approximately $20.87.
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 the amount to be credited to the Stock Compensation Sub?Account of a Member from time to time upon the payment by the Company of a dividend on its Common Stock (other than a dividend payable in shares of such Common Stock).
Dividend Equivalents means a right granted to a Participant under the Plan to receive the equivalent value (in cash or Shares) of dividends paid on Shares.
Dividend Equivalent Payment means, for each share of Stock represented by an outstanding RSU, a payment in an amount equal to, and in the same form of payment as, the dividend paid on one share of Stock.
UGI's transfer agent, Computershare Trust Company, N.A., sponsors and administers the direct stock purchase of UGI Corporation stock.
Number of shares outstanding as of November 2023 : 209,857,000. ing to UGI Corporation 's latest financial reports and stock price the company's current number of shares outstanding is 209,857,000. At the end of 2023 the company had 209,857,000 shares outstanding.
Investors might want to bet on UGI (UGI), as it has been recently upgraded to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices. A company's changing earnings picture is at the core of the Zacks rating.
Top 10 Owners of UGI Corp StockholderStakeShares ownedThe Vanguard Group, Inc.12.05%25,233,641BlackRock Fund Advisors11.75%24,612,765SSgA Funds Management, Inc.8.86%18,567,208DWS Investment GmbH3.30%6,905,0596 more rows
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.