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
* 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.