Nando Cesarone - 18 Feb 2022 Form 4 Insider Report for UNITED PARCEL SERVICE INC (UPS)

Signature
Eli Brown, Power of Attorney
Issuer symbol
UPS
Transactions as of
18 Feb 2022
Net transactions value
-$3,182,258
Form type
4
Filing time
22 Feb 2022, 17:40:52 UTC
Previous filing
11 Feb 2022
Next filing
25 Mar 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 +28,383 +203% $0.000000 42,379 18 Feb 2022 Direct F1
transaction UPS Class A Common Stock Options Exercise $0 +4,404 +10% $0.000000 46,783 18 Feb 2022 Direct F1, F2
transaction UPS Class A Common Stock Tax liability $438,491 -1,987 -4.2% $220.68 44,796 18 Feb 2022 Direct F1
transaction UPS Class A Common Stock Tax liability $2,743,766 -12,801 -29% $214.34 31,995 18 Feb 2022 Direct F1
holding UPS Class B Common Stock 1 18 Feb 2022 Direct

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 -28,383 -100% $0.000000* 0 18 Feb 2022 Class A Common Stock 28,383 Direct F3, F4
transaction UPS Restricted Units 2021 Options Exercise $0 -4,404 -100% $0.000000* 0 18 Feb 2022 Class A Common Stock 4,404 Direct F2, F3, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 230.8218 shares in the reporting person's 401(k) account.
F2 Includes dividend equivalent units attributable to the restricted units prior to conversion.
F3 One unit is equivalent to one share of UPS Class A common stock.
F4 RPUs were vested when earned on February 9, 2022.
F5 Restricted units vested one year after the date of grant.