Darrell L. Ford - 05 Jan 2022 Form 4 Insider Report for UNITED PARCEL SERVICE INC (UPS)

Signature
Eli Brown, Power of Attorney
Issuer symbol
UPS
Transactions as of
05 Jan 2022
Net transactions value
-$593,722
Form type
4
Filing time
07 Jan 2022, 15:10:20 UTC
Previous filing
09 Nov 2021
Next filing
08 Feb 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UPS Class A Common Stock Options Exercise $0 +6,066 +14147% $0.000000 6,109 05 Jan 2022 Direct F1
transaction UPS Class A Common Stock Tax liability $593,722 -2,770 -45% $214.34 3,339 05 Jan 2022 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction UPS Restricted Stock Units Options Exercise $0 -6,066 -50% $0.000000 6,066 05 Jan 2022 Class A Common Stock 6,066 Direct F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 42.8774 shares in the reporting person's 401(k) account.
F2 Represents Restricted Stock Units (RSUs) granted under the United Parcel Service, Inc. Incentive Compensation Plan. These RSUs will convert into shares of UPS Class A common stock on a one for one basis.
F3 Award vests in 50% increments on each of the first two anniversaries of the grant date.
F4 Includes dividend equivalent units attributed to the RSUs.