Nando Cesarone - Feb 8, 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 8, 2023
Transactions value $: $0
Form type: 4
Date filed: 2/10/2023, 03:40 PM
Previous filing: Feb 3, 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	+49.9K		$0.00	49.9K	Feb 8, 2023	Class A Common Stock	49.9K		Direct	F1
transaction	UPS	Restricted Units 2023	Award	$0	+3.91K		$0.00	3.91K	Feb 8, 2023	Class A Common Stock	3.91K		Direct	F2

Showing 1 to 2 of 2 entries

* 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.