Bala Subramanian - Jul 19, 2023 Form 4 Insider Report for UNITED PARCEL SERVICE INC (UPS)

Role
Chief Digital & Tech Officer
Signature
Michael Hanson, Power of Attorney
Stock symbol
UPS
Transactions as of
Jul 19, 2023
Transactions value $
-$625,990
Form type
4
Date filed
7/21/2023, 05:25 PM
Previous filing
Jun 9, 2023
Next filing
Feb 9, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UPS Class A Common Stock Options Exercise $0 +8.62K +396.59% $0.00 10.8K Jul 19, 2023 Direct F1
transaction UPS Class A Common Stock Tax liability -$626K -3.39K -31.43% $184.57 7.4K Jul 19, 2023 Direct F1

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 Stock Units Options Exercise $0 -8.62K -50% $0.00 8.62K Jul 19, 2023 Class A Common Stock 8.62K Direct F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 20.5159 shares in the reporting person's 401(k) account and 58.7242 shares acquired through the Discounted Employee Stock Purchase Plan.
F2 Represents restricted stock units (RSUs) granted under one or more of the Company's incentive compensation plans. Upon vesting, RSUs convert into shares of UPS Class A common stock on a one-for-one basis.
F3 RSUs vest in equal increments on the first two anniversaries of the grant date. This report represents the vesting of the first tranche of the award.
F4 Includes dividend equivalent units attributed to the RSUs.