Nando Cesarone - 08 Feb 2023 Form 4 Insider Report for UNITED PARCEL SERVICE INC (UPS)

Role
President, US Operations
Signature
Eli Brown, Power of Attorney
Issuer symbol
UPS
Transactions as of
08 Feb 2023
Net transactions value
$0
Form type
4
Filing time
10 Feb 2023, 15:40:48 UTC
Previous filing
03 Feb 2023
Next filing
22 Feb 2023
SEC
View on sec.gov

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 +49,910 $0.000000 49,910 08 Feb 2023 Class A Common Stock 49,910 Direct F1
transaction UPS Restricted Units 2023 Award $0 +3,910 $0.000000 3,910 08 Feb 2023 Class A Common Stock 3,910 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.