Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Expires: January 31, 2005
Estimated average burden hours per response... 0.5

(Print or Type Responses)
1. Name and Address of Reporting Person *
BISSELL EUGENE V N
  2. Issuer Name and Ticker or Trading Symbol
UGI CORP /PA/ [UGI]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
President & CEO of Subsidiary,
(Last)
(First)
(Middle)
460 NORTH GULPH ROAD
3. Date of Earliest Transaction (Month/Day/Year)
06/18/2008
(Street)

KING OF PRUSSIA, PA 19406
4. If Amendment, Date 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
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
UGI Common Stock 06/18/2008   M   34,667 A $ 16.985 101,047 D  
UGI Common Stock 06/18/2008   S   34,667 D (1) 66,380 D  
UGI Common Stock 06/18/2008   M   96,000 A $ 20.47 162,380 D  
UGI Common Stock 06/18/2008   S   96,000 D (1) 66,380 D  
UGI Common Stock 06/18/2008   M   43,333 A $ 20.48 109,713 D  
UGI Common Stock 06/18/2008   S   43,333 D (1) 66,380 D  

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. SEC 1474 (9-02)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Option (right to buy) $ 16.985 06/18/2008   M     34,667   (2) 12/31/2013 UGI Common Stock 34,667 $ 0 0 D  
Option (right to buy) $ 20.47 06/18/2008   M     96,000   (3) 12/31/2014 UGI Common Stock 96,000 $ 0 0 D  
Option (right to buy) $ 20.48 06/18/2008   M     43,333   (4) 12/31/2015 UGI Common Stock 43,333 $ 0 21,667 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
BISSELL EUGENE V N
460 NORTH GULPH ROAD
KING OF PRUSSIA, PA 19406
      President & CEO of Subsidiary,  

Signatures

 By: Margaret M. Calabrese For: Eugene V.N. Bissell   06/19/2008
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(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).
(1) The shares were sold at prices ranging from $27.70 to $28.115.
(2) These options vest in three equal annual installments beginning on January 1, 2005.
(3) These options vest in three equal annual installments beginning on January 1, 2006.
(4) These options vest in three equal annual installments beginning on January 1, 2007.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.