Matthew W. Guffey - 01 Jan 2024 Form 3 Insider Report for UNITED PARCEL SERVICE INC (UPS)

Signature
Michael Hanson, Power of Attorney
Issuer symbol
UPS
Transactions as of
01 Jan 2024
Net transactions value
$0
Form type
3
Filing time
10 Jan 2024, 16:32:52 UTC
Next filing
05 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding UPS Class A Common Stock 231 01 Jan 2024 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
holding UPS Option to Purchase Class A Common 01 Jan 2024 Class A Common Stock 2,428 $165.66 Direct F2
holding UPS Option to Purchase Class A Common 01 Jan 2024 Class A Common Stock 2,143 $185.54 Direct F3
holding UPS Option to Purchase Class A Common 01 Jan 2024 Class A Common Stock 1,335 $214.58 Direct F4
holding UPS Restricted Stock Units 01 Jan 2024 Class A Common Stock 5,617 Direct F5, F6, F7
holding UPS Restricted Units 2023 01 Jan 2024 Class A Common Stock 1,125 Direct F6, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Consist of shares in the reporting person's 401(k) account.
F2 Securities vest at the rate of 20% annually beginning on February 10, 2022.
F3 Securities vest at the rate of 20% annually beginning on March 22, 2024.
F4 Securities vest at the rate of 20% annually beginning on March 23, 2023.
F5 Restricted Stock Units (RSUs) vest 25% in February 2024, 25% in February 2025 and 50% in February 2024.
F6 Includes dividend equivalent units attributed to the RSUs.
F7 RSUs will convert into shares of UPS Class A common stock on a one for one basis.
F8 Each unit automatically converts into one share of Class A common stock following the first anniversary of the grant date.

Remarks:

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