Kathleen M. Gutmann - 25 Mar 2022 Form 4 Insider Report for UNITED PARCEL SERVICE INC (UPS)

Signature
Eli Brown, Power of Attorney
Issuer symbol
UPS
Transactions as of
25 Mar 2022
Net transactions value
-$26,538
Form type
4
Filing time
29 Mar 2022, 16:52:21 UTC
Previous filing
25 Mar 2022
Next filing
17 May 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 +273 +0.28% $0.000000 97,893 25 Mar 2022 Direct F1
transaction UPS Class A Common Stock Tax liability $26,538 -123 -0.13% $215.35 97,770 25 Mar 2022 Direct F1

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 Stock Units Options Exercise $0 -273 -25% $0.000000 823 25 Mar 2022 Class A Common Stock 273 Direct F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 2,201.7792 shares in the reporting person's 401(k) account.
F2 Represents Restricted Stock Units (RSUs) granted under the United Parcel Service, Inc. Incentive Compensation Plan. These RSUs will convert into shares of UPS Class A common stock on a one for one basis.
F3 RSUs vest 25% the first year, 25% the second year and 50% the third year.
F4 Includes dividend equivalent units attributed to the RSUs.