Kevin M. Warsh - May 3, 2023 Form 4 Insider Report for UNITED PARCEL SERVICE INC (UPS)

Role
Director
Signature
Eli Brown, Power of Attorney
Stock symbol
UPS
Transactions as of
May 3, 2023
Transactions value $
$0
Form type
4
Date filed
5/5/2023, 05:19 PM
Previous filing
Feb 10, 2023
Next filing
Jun 20, 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 Phantom Stock Units Award $0 +164 +1.74% $0.00 9.58K May 3, 2023 Class A Common Stock 164 Direct F1, F2, F3, F4
transaction UPS Restricted Stock Units Award $0 +1.04K +5.1% $0.00 21.4K May 4, 2023 Class A Common Stock 1.04K Direct F1, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 One unit is equivalent to one share of UPS Class A common stock.
F2 Grant of phantom stock units pursuant to Deferred Compensation Plan.
F3 Phantom stock units generally become payable in shares of Class A common stock or cash upon termination of service as a director.
F4 Includes units credited upon the payment of dividends on the underlying Class A common stock.
F5 Restricted Stock Units (RSUs) convert into shares of UPS Class A common stock on a one for one basis upon termination of service as a director.