Nando Cesarone - Feb 2, 2023 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 2, 2023
Transactions value $: -$606,910
Form type: 4
Date filed: 2/3/2023, 03:41 PM
Previous filing: May 20, 2022
Next filing: Feb 10, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	UPS	Class A Common Stock	Options Exercise	$289K	+2.74K	+15.64%	$105.54	20.3K	Feb 2, 2023	Direct	F1
transaction	UPS	Class A Common Stock	Options Exercise	$439K	+2.65K	+13.09%	$165.66	22.9K	Feb 2, 2023	Direct	F1
transaction	UPS	Class A Common Stock	Options Exercise	$189K	+1.69K	+7.38%	$111.80	24.6K	Feb 2, 2023	Direct	F1
transaction	UPS	Class A Common Stock	Options Exercise	$80.5K	+756	+3.07%	$106.43	25.4K	Feb 2, 2023	Direct	F1
transaction	UPS	Class A Common Stock	Options Exercise	$78.5K	+735	+2.9%	$106.87	26.1K	Feb 2, 2023	Direct	F1
transaction	UPS	Class A Common Stock	Options Exercise	$66.1K	+633	+2.42%	$104.45	26.7K	Feb 2, 2023	Direct	F1
transaction	UPS	Class A Common Stock	Tax liability	-$274K	-1.44K	-5.4%	$190.00	25.3K	Feb 2, 2023	Direct	F1
transaction	UPS	Class A Common Stock	Sale	-$1.48M	-7.77K	-30.7%	$190.00	17.5K	Feb 2, 2023	Direct	F1, F2
holding	UPS	Class B Common Stock						1	Feb 2, 2023	Direct

Showing 1 to 9 of 9 entries

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	Option to Purchase Class A Common	Options Exercise	$0	-2.65K	-19.99%	$0.00	10.6K	Feb 2, 2023	Class A Common Stock	2.65K	$165.66	Direct	F3
transaction	UPS	Option to Purchase Class A Common	Options Exercise	$0	-2.74K	-25%	$0.00	8.23K	Feb 2, 2023	Class A Common Stock	2.74K	$105.54	Direct	F4
transaction	UPS	Option to Purchase Class A Common	Options Exercise	$0	-1.69K	-33.34%	$0.00	3.38K	Feb 2, 2023	Class A Common Stock	1.69K	$111.80	Direct	F5
transaction	UPS	Option to Purchase Class A Common	Options Exercise	$0	-756	-49.97%	$0.00	757	Feb 2, 2023	Class A Common Stock	756	$106.43	Direct	F6
transaction	UPS	Option to Purchase UPS Class A Common	Options Exercise	$0	-735	-100%	$0.00^*	0	Feb 2, 2023	Class A Common Stock	735	$106.87	Direct	F7
transaction	UPS	Option to Purchase UPS Class A Common	Options Exercise	$0	-633	-50%	$0.00	633	Feb 2, 2023	Class A Common Stock	633	$104.45	Direct	F8

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Includes 288.4280 shares in the reporting person's 401(k) account.
F2	The sale reported on this Form 4 was effected pursuant to a previously adopted Rule 10b5-1 plan.
F3	Option to purchase 13,269 shares granted on February 10, 2021 vests 20% annually beginning on February 10, 2022.
F4	Option to purchase 13,709 shares granted on February 12, 2020 vests 20% annually beginning on February 12, 2021.
F5	Option to purchase 8,457 shares granted on February 14, 2019 vests 20% annually beginning on February 14, 2020.
F6	Option to purchase 3,782 shares granted on March 1, 2018 vests 20% annually beginning on March 1, 2019.
F7	Option to purchase 3,673 shares granted on March 1, 2017.
F8	Option to purchase 3,163 shares granted on March 22, 2018 vests 20% annually beginning on March 22, 2019.