SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person* CUZZOLINA MICHAEL J (Last) (First) (Middle) 460 N. GULPH ROAD (Street) KING OF PRUSSIA PA 19406 (City) (State) (Zip)	2. Date of Event Requiring Statement (Month/Day/Year) 08/06/2003	3. Issuer Name and Ticker or Trading Symbol UGI CORP /PA/ [ UGI ]
		4. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director 10% Owner X Officer (give title below) Other (specify below) VP Accounting and Fin Control	5. If Amendment, Date of Original Filed (Month/Day/Year)
			6. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
UGI Common Stock	20,836	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Option (Right to Buy)	(1)	12/31/2011	UGI Common Stock	14,500	$20.4	D
Option (Right to Buy)	(2)	12/31/2012	UGI Common Stock	21,750	$25.13	D
Performance Shares	(3)	12/31/2003	UGI Common Stock	8,550	$0.00	D
Performance Shares	(4)	12/31/2004	UGI Common Stock	18,000	$0.00	D
Performance Shares	(5)	12/31/2005	UGI Common Stock	4,500	$0.00	D

Explanation of Responses:

1. Options granted under the UGI Corporation 2000 Stock Incentive Plan vest in two equal annual installments beginning on January 1, 2004.

2. The option granted under the UGI Corporation 1997 Stock Option and Dividend Equivalent Plan. The option becomes exercisable in three equal annual installments beginning on January 1, 2004.

3. Effective January 1, 2001 and September 25, 2001, the reporting person was granted shares of performance-contingent restricted UGI Common Stock. The restriction period will expire on December 31, 2003.

4. Effective January 1, 2002, the reporting person was granted shares of restricted UGI Common Stock. The restriction period will end on December 31, 2004 provided that certain performance criteria are met on or prior to December 31, 2004.

5. Effective January 1, 2003, the reporting person was granted shares of performance-contingent restricted UGI Common Stock. The restriction period will expire on December 31, 2005 provided that certain performance criteria are met on or prior to that date.

	Margaret M. Calabrese for Michael J. Cuzzolina	08/08/2003
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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