Norman M. Brothers Jr. - 17 Feb 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
17 Feb 2022
Net transactions value
-$7,085,037
Form type
4
Filing time
22 Feb 2022, 17:40:47 UTC
Previous filing
11 Feb 2022
Next filing
25 Mar 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 +31,622 +83% $0.000000 69,503 17 Feb 2022 Direct F1
transaction UPS Class A Common Stock Tax liability $3,056,917 -14,262 -21% $214.34 55,241 17 Feb 2022 Direct F1
transaction UPS Class A Common Stock Options Exercise $0 +4,096 +7.4% $0.000000 59,337 18 Feb 2022 Direct F1, F2
transaction UPS Class A Common Stock Tax liability $407,817 -1,848 -3.1% $220.68 57,489 18 Feb 2022 Direct F1
transaction UPS Class A Common Stock Other $0 -17,360 -30% $0.000000 40,129 18 Feb 2022 Direct F1, F3
transaction UPS Class B Common Stock Other $0 +17,360 $0.000000 17,360 18 Feb 2022 Direct F3
transaction UPS Class B Common Stock Sale $1,808,644 -8,660 -50% $208.85 8,700 18 Feb 2022 Direct F4, F5
transaction UPS Class B Common Stock Sale $1,811,660 -8,700 -100% $208.24 0 18 Feb 2022 Direct F4, F6

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 Options Exercise $0 -31,622 -100% $0.000000* 0 17 Feb 2022 Class A Common Stock 31,622 Direct F7, F8
transaction UPS Restricted Units 2021 Options Exercise $0 -4,096 -100% $0.000000* 0 18 Feb 2022 Class A Common Stock 4,096 Direct F2, F7, F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 478.6773 shares in the reporting person's 401(k) account.
F2 Includes dividend equivalent units attributable to the restricted units prior to conversion.
F3 Conversion of shares of Class A common stock into Class B common stock in accordance with the terms thereof.
F4 The sale reported on this Form 4 was effected pursuant to a previously adopted Rule 10b5-1 plan.
F5 The price shown is the weighted average price at which shares were sold in multiple sales transactions made pursuant to a single market order. The range of prices for the transactions made was $208.51 to $209.215. Upon request by SEC staff, the issuer or a security holder of the issuer, the reporting person will provide full information regarding the number of shares sold at each separate price.
F6 The price shown is the weighted average price at which shares were sold in multiple sales transactions made pursuant to a single market order. The range of prices for the transactions made was $207.90 to $208.49. Upon request by SEC staff, the issuer or a security holder of the issuer, the reporting person will provide full information regarding the number of shares sold at each separate price.
F7 One unit is equivalent to one share of UPS Class A common stock.
F8 RPUs were vested when earned on February 9, 2022.
F9 Restricted units vested one year after the date of grant.