Darrell L. Ford - Jan 5, 2022 Form 4 Insider Report for UNITED PARCEL SERVICE INC (UPS)

Signature
Eli Brown, Power of Attorney
Stock symbol
UPS
Transactions as of
Jan 5, 2022
Transactions value $
-$593,722
Form type
4
Date filed
1/7/2022, 03:10 PM
Previous filing
Nov 9, 2021
Next filing
Feb 8, 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 +6.07K +14146.98% $0.00 6.11K Jan 5, 2022 Direct F1
transaction UPS Class A Common Stock Tax liability -$594K -2.77K -45.34% $214.34 3.34K Jan 5, 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 -6.07K -50% $0.00 6.07K Jan 5, 2022 Class A Common Stock 6.07K 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.