Norman M. Brothers Jr - Feb 8, 2023 Form 4 Insider Report for UNITED PARCEL SERVICE INC (UPS)

Role
Chief Legal & Compliance Off
Signature
Eli Brown, Power of Attorney
Stock symbol
UPS
Transactions as of
Feb 8, 2023
Transactions value $
$0
Form type
4
Date filed
2/10/2023, 03:40 PM
Previous filing
Jan 27, 2023
Next filing
Feb 22, 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 Performance Units Award $0 +37.8K $0.00 37.8K Feb 8, 2023 Class A Common Stock 37.8K Direct F1
transaction UPS Restricted Units 2023 Award $0 +3.41K $0.00 3.41K Feb 8, 2023 Class A Common Stock 3.41K Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted performance units awarded under the Company's Long Term Incentive Compensation Program following the completion of the performance period. Each unit automatically converts into one share of Class A common stock.
F2 Each unit automatically converts into one share of Class A common stock following the first anniversary of the grant date.