Last updated: 31 January 2023 at 6:07pm EST

Frank Hermance Net Worth




The estimated Net Worth of Frank S Hermance is at least $17.5 Million dollars as of 1 December 2022. Mr. Hermance owns over 12,750 units of UGI stock worth over $11,208,015 and over the last 21 years he sold UGI stock worth over $6,060,033. In addition, he makes $258,828 as Independent Director at UGI.

Mr. Hermance UGI stock SEC Form 4 insiders trading

Frank has made over 24 trades of the UGI stock since 2003, according to the Form 4 filled with the SEC. Most recently he exercised 12,750 units of UGI stock worth $282,285 on 1 December 2022.

The largest trade he's ever made was exercising 335,790 units of UGI stock on 10 February 2017 worth over $6,578,126. On average, Frank trades about 15,715 units every 41 days since 2003. As of 1 December 2022 he still owns at least 477,750 units of UGI stock.

You can see the complete history of Mr. Hermance stock trades at the bottom of the page.





Frank Hermance biography

Frank S. Hermance serves as Independent Director of the Company. Mr. Hermance is the retired Chairman (2001 to 2017) and Chief Executive Officer (1999 to 2016) of AMETEK, Inc. (a global manufacturer of electronic instruments and electromechanical devices). He previously served as AMETEK’s President and Chief Operating Officer (1996 to 1999). Mr. Hermance serves as Director Emeritus of the Greater Philadelphia Alliance for Capital and Technologies, as Vice Chairman of the World Affairs Council of Philadelphia, and as an advisory board member at American Securities LLP (a private equity firm). He previously served as a member of the Board of Trustees of the Rochester Institute of Technology (until November 2016) and as a Director of AmeriGas Propane, Inc., a subsidiary of the Company, until its merger into UGI Corporation in August 2019. Mr. Hermance also serves as a Director of UGI Utilities, Inc., a subsidiary of the Company. As previously announced, Mr. Hermance has been nominated to succeed Marvin O. Schlanger as Chair of the Board following the Company’s 2020 Annual Meeting. Mr. Hermance’s qualifications to serve as a director include his extensive senior management experience in the roles of Chairman, Chief Executive Officer, President and Chief Operating Officer of a large global company. The Board also considered Mr. Hermance’s relevant experience in the areas of international operations, logistics, distribution, risk management, mergers and acquisitions, corporate governance, human resources management and executive compensation.

What is the salary of Frank Hermance?

As the Independent Director of UGI, the total compensation of Frank Hermance at UGI is $258,828. There are 17 executives at UGI getting paid more, with John Walsh having the highest compensation of $8,592,760.



How old is Frank Hermance?

Frank Hermance is 70, he's been the Independent Director of UGI since 2011. There are 1 older and 28 younger executives at UGI. The oldest executive at UGI Corp. is Marvin Schlanger, 71, who is the Independent Chairman of the Board.

Insiders trading at UGI

Over the last 21 years, insiders at UGI have traded over $41,811,006 worth of UGI stock and bought 615,482 units worth $23,755,692 . The most active insiders traders include Lon R Greenberg, Frank S Hermance, and John L Walsh. On average, UGI executives and independent directors trade stock every 19 days with the average trade being worth of $754,661. The most recent stock trade was executed by Jean Felix Tematio on 18 July 2024, trading 4,020 units of UGI stock currently worth $94,309.



What does UGI do?

ugi corporation (the “company”) is a holding company that, through subsidiaries, distributes, stores, transports and markets energy products and related services. we are a domestic and international retail distributor of propane and butane (which are liquefied petroleum gases (“lpg”)); a provider of natural gas and electric service through regulated local distribution utilities; a generator of electricity; a regional marketer of energy commodities; an owner and manager of midstream assets; and a regional provider of heating, ventilation, air conditioning, refrigeration and electrical contracting services. our subsidiaries and affiliates operate principally in the following six business segments: • amerigas propane • international propane - antargaz • international propane - flaga & other • energy services • electric generation • gas utility ugi corporation (nyse:ugi) is a fortune 500 company that provides investors with a balanced growth and income vehicle. ugi has paid common dividend



What does UGI's logo look like?

UGI Corp. logo

Complete history of Mr. Hermance stock trades at Ametek Inc, Idex, and UGI

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
1 Dec 2022 Frank S Hermance
Director
Option 12,750 $22.14 $282,285
1 Dec 2022
477,750
16 Feb 2022 Frank S Hermance
Director
Buy 65,000 $38.15 $2,479,750
16 Feb 2022
465,000
23 Nov 2021 Frank S Hermance
Director
Option 12,750 $18.86 $240,465
23 Nov 2021
412,750
11 Aug 2021 Frank S Hermance
Director
Option 6,375 $19.61 $125,014
11 Aug 2021
406,375
14 Nov 2019 Frank S Hermance
Director
Buy 150,000 $42.70 $6,405,000
14 Nov 2019
400,000
10 May 2019 Frank S Hermance
Director
Buy 100,000 $54.10 $5,410,000
10 May 2019
250,000
4 Mar 2013 Frank S Hermance
Director
Buy 35,000 $35.95 $1,258,250
4 Mar 2013
100,000
10 Aug 2012 Frank S Hermance
Director
Buy 35,000 $30.36 $1,062,600
10 Aug 2012
65,000
16 Nov 2011 Frank S Hermance
Director
Buy 30,000 $29.40 $882,000
16 Nov 2011
30,000
20 Sep 2017 Frank S Hermance
CHAIRMAN OF THE BOARD and CEO
Option 150,840 $29.83 $4,499,557
20 Sep 2017
2,191,341
10 Feb 2017 Frank S Hermance
CHAIRMAN OF THE BOARD and CEO
Option 335,790 $19.59 $6,578,126
10 Feb 2017
2,411,096
17 Feb 2016 Frank S Hermance
CHAIRMAN OF THE BOARD and CEO
Option 38,462 $14.54 $559,237
17 Feb 2016
2,138,958
22 May 2015 Frank S Hermance
CHAIRMAN OF THE BOARD and CEO
Option 55,300 $14.54 $804,062
22 May 2015
2,155,796
20 May 2015 Frank S Hermance
CHAIRMAN OF THE BOARD and CEO
Option 156,000 $14.54 $2,268,240
20 May 2015
2,177,496
18 May 2015 Frank S Hermance
CHAIRMAN OF THE BOARD and CEO
Option 201,700 $14.54 $2,932,718
18 May 2015
2,112,496
23 Feb 2015 Frank S Hermance
CHAIRMAN OF THE BOARD and CEO
Option 291,352 $21.60 $6,293,203
23 Feb 2015
2,280,728
23 Sep 2013 Frank S Hermance
CHAIRMAN OF THE BOARD and CEO
Option 286,987 $16.20 $4,649,189
23 Sep 2013
2,109,642
10 May 2013 Frank S Hermance
CHAIRMAN OF THE BOARD and CEO
Sale 54,813 $41.61 $2,280,769
10 May 2013
1,971,655
7 May 2013 Frank S Hermance
CHAIRMAN OF THE BOARD and CEO
Sale 71,376 $41.18 $2,939,264
7 May 2013
1,985,548
10 May 2012 Frank S Hermance
CHAIRMAN OF THE BOARD and CEO
Option 189,922 $22.18 $4,212,470
10 May 2012
1,524,188
4 Nov 2011 Frank S Hermance
CHAIRMAN OF THE BOARD and CEO
Option 195,862 $16.86 $3,302,233
4 Nov 2011
1,534,274
1 Jul 2011 Frank S Hermance
CHAIRMAN OF THE BOARD and CEO
Option 126,190 $13.51 $1,704,827
1 Jul 2011
1,502,438
6 Nov 2003 Frank S Hermance
CHAIRMAN OF THE BOARD and CEO
Option 50,000 $14.53 $726,500
6 Nov 2003
84,085
2 Sep 2003 Frank S Hermance
CHAIRMAN OF THE BOARD and CEO
Sale 20,000 $42.00 $840,000
2 Sep 2003
86,136


UGI executives and stock owners

UGI executives and other stock owners filed with the SEC include: