Bala Subramanian - Jul 18, 2022 Form 4 Insider Report for UNITED PARCEL SERVICE INC (UPS)

Signature
Eli Brown, Power of Attorney
Stock symbol
UPS
Transactions as of
Jul 18, 2022
Transactions value $
$0
Form type
4
Date filed
7/20/2022, 06:21 PM
Previous filing
Jun 10, 2022
Next filing
Feb 10, 2023

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 Award $0 +16.7K $0.00 16.7K Jul 18, 2022 Class A Common Stock 16.7K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 RSUs vest as follows: 50% on each of July 18, 2023 and 2024.