Nando Cesarone - Feb 9, 2022 Form 4 Insider Report for UNITED PARCEL SERVICE INC (UPS)

Role: President, US Operations
Signature: Eli Brown, Power of Attorney
Stock symbol: UPS
Transactions as of: Feb 9, 2022
Transactions value $: $0
Form type: 4
Date filed: 2/11/2022, 05:20 PM
Previous filing: Feb 4, 2022
Next filing: Feb 22, 2022

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 Performance Units	Award	$0	+28.4K		$0.00	28.4K	Feb 9, 2022	Class A Common Stock	28.4K		Direct	F1
transaction	UPS	Restricted Units 2022	Award	$0	+4.23K		$0.00	4.23K	Feb 9, 2022	Class A Common Stock	4.23K		Direct	F2

Showing 1 to 2 of 2 entries

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

Explanation of Responses:

Id	Content
F1	Restricted performance units awarded under the Company's Long Term Incentive Compensation Program following the completion of the performance period. Each unit automatically converts into one share of Class A common stock.
F2	Each unit vests on the first anniversary of the grant date and then converts into one share of Class A common stock.