Norman M. Brothers Jr. - 26 Jan 2022 Form 4 Insider Report for UNITED PARCEL SERVICE INC (UPS)

Role: Chief Legal & Compliance Off
Signature: Eli Brown, Power of Attorney
Issuer symbol: UPS
Transactions as of: 26 Jan 2022
Net transactions value: -$148,296
Form type: 4
Filing time: 28 Jan 2022, 18:51:23 UTC
Previous filing: 28 Jan 2022
Next filing: 04 Feb 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	UPS	Class A Common Stock	Options Exercise	$0	+918	+2.5%	$0.000000	37,975	26 Jan 2022	Direct	F1, F2
transaction	UPS	Class A Common Stock	Options Exercise	$0	+624	+1.6%	$0.000000	38,599	26 Jan 2022	Direct	F1, F2
transaction	UPS	Class A Common Stock	Tax liability	$62,788	-304	-0.79%	$206.54	38,295	26 Jan 2022	Direct	F2
transaction	UPS	Class A Common Stock	Tax liability	$85,508	-414	-1.1%	$206.54	37,881	26 Jan 2022	Direct	F2

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 Units 2017	Options Exercise	$0	-624	-100%	$0.000000^*	0	26 Jan 2022	Class A Common Stock	624		Direct	F1, F3, F4
transaction	UPS	Restricted Units 2018	Options Exercise	$0	-918	-50%	$0.000000	918	26 Jan 2022	Class A Common Stock	918		Direct	F1, F3, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Includes dividend equivalent units attributable to the restricted units prior to conversion.
F2	Includes 478.6773 shares in the reporting person's 401(k) account.
F3	One unit is equivalent to one share of UPS Class A common stock.
F4	RSUs vest ratably over five years from the date of grant.