Laura J. Lane - 17 Feb 2023 Form 4 Insider Report for UNITED PARCEL SERVICE INC (UPS)

Signature
Eli Brown, Power of Attorney
Issuer symbol
UPS
Transactions as of
17 Feb 2023
Net transactions value
-$4,955,056
Form type
4
Filing time
22 Feb 2023, 16:39:38 UTC
Previous filing
10 Feb 2023
Next filing
06 Apr 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UPS Class A Common Stock Options Exercise $0 +26,626 +135% $0.000000 46,390 17 Feb 2023 Direct F1
transaction UPS Class A Common Stock Options Exercise $0 +3,158 +6.8% $0.000000 49,548 17 Feb 2023 Direct F1, F2
transaction UPS Class A Common Stock Tax liability $263,269 -1,425 -2.9% $184.75 48,123 17 Feb 2023 Direct F1
transaction UPS Class A Common Stock Tax liability $2,087,645 -12,009 -25% $173.84 36,114 17 Feb 2023 Direct F1
transaction UPS Class A Common Stock Other $0 -14,617 -40% $0.000000 21,497 17 Feb 2023 Direct F1, F3
transaction UPS Class B Common Stock Other $0 +14,617 $0.000000 14,617 17 Feb 2023 Direct F3
transaction UPS Class B Common Stock Sale $143,374 -800 -5.5% $179.22 13,817 21 Feb 2023 Direct F4, F5
transaction UPS Class B Common Stock Sale $1,106,808 -6,200 -45% $178.52 7,617 21 Feb 2023 Direct F4, F6
transaction UPS Class B Common Stock Sale $1,353,961 -7,617 -100% $177.76 0 21 Feb 2023 Direct F4, F7

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 -26,626 -100% $0.000000* 0 17 Feb 2023 Class A Common Stock 26,626 Direct F8, F9
transaction UPS Restricted Units 2022 Options Exercise $0 -3,158 -100% $0.000000* 0 17 Feb 2023 Class A Common Stock 3,158 Direct F2, F8, F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 848.3496 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 sale reported on this Form 4 was effected pursuant to a previously adopted Rule 10b5-1 plan.
F5 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 $179.13 to $179.36. 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.
F6 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 $178.1050 to $179.0975. 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.
F7 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 $177.10 to $178.09. 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.
F8 One unit is equivalent to one share of UPS Class A common stock.
F9 RPUs were vested when earned on February 8, 2023.
F10 Restricted units vested one year after the date of grant.