Brian Newman - 17 Feb 2023 Form 4 Insider Report for UNITED PARCEL SERVICE INC (UPS)

Role
Chief Financial Officer
Signature
Eli Brown, Power of Attorney
Issuer symbol
UPS
Transactions as of
17 Feb 2023
Net transactions value
-$10,223,887
Form type
4
Filing time
22 Feb 2023, 16:39:02 UTC
Previous filing
10 Feb 2023
Next filing
06 Apr 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UPS Class A Common Stock Options Exercise $0 +81,125 +43954% $0.000000 81,310 17 Feb 2023 Direct F1
transaction UPS Class A Common Stock Options Exercise $0 +4,758 +5.9% $0.000000 86,068 17 Feb 2023 Direct F1, F2
transaction UPS Class A Common Stock Tax liability $396,658 -2,147 -2.5% $184.75 83,921 17 Feb 2023 Direct F1
transaction UPS Class A Common Stock Other $0 -19,000 -23% $0.000000 64,921 17 Feb 2023 Direct F1, F3
transaction UPS Class A Common Stock Tax liability $6,360,458 -36,588 -56% $173.84 28,333 17 Feb 2023 Direct F1
transaction UPS Class B Common Stock Other $0 +19,000 $0.000000 19,000 17 Feb 2023 Direct F3
transaction UPS Class B Common Stock Sale $3,466,770 -19,000 -100% $182.46 0 17 Feb 2023 Direct F4
transaction UPS Class B Common Stock Other $0 +11,677 $0.000000 11,677 21 Feb 2023 Direct F3
transaction UPS Class B Common Stock Other $0 +4,036 $0.000000 4,036 21 Feb 2023 Family Trust 2023 F3
transaction UPS Class A Common Stock Other $0 -15,713 -100% $0.000000* 0 21 Feb 2023 Trust 2021 F3
holding UPS Class A Common Stock 4,528 17 Feb 2023 Trust 2022
holding UPS Class B Common Stock 9,287 17 Feb 2023 Trust 2022

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 Options Exercise $0 -81,125 -100% $0.000000* 0 17 Feb 2023 Class A Common Stock 81,125 Direct F5, F6
transaction UPS Restricted Units 2022 Options Exercise $0 -4,758 -100% $0.000000* 0 17 Feb 2023 Class A Common Stock 4,758 Direct F2, F5, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 184.5714 shares in the reporting person's 401(k) account.
F2 Includes dividend equivalent units attributable to the restricted units prior to conversion.
F3 Conversion of shares of Class A common stock into Class B common stock in accordance with the terms thereof.
F4 The price shown is the weighted average price at which shares were sold in multiple sales transactions made pursuant to a single market order. The range of prices for the transactions made was $182.40 to $182.5950. Upon request by SEC staff, the issuer or a security holder of the issuer, the reporting person will provide full information regarding the number of shares sold at each separate price.
F5 One unit is equivalent to one share of UPS Class A common stock.
F6 RPUs were vested when earned on February 8, 2023.
F7 Restricted units vested one year after the date of grant.