Matthew Guffey - Feb 1, 2024 Form 4 Insider Report for UNITED PARCEL SERVICE INC (UPS)

Role
CHF Commercial & Strategy Off
Signature
Michael Hanson, Power of Attorney
Stock symbol
UPS
Transactions as of
Feb 1, 2024
Transactions value $
-$98,271
Form type
4
Date filed
2/5/2024, 05:16 PM
Previous filing
Jan 10, 2024
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 +1.4K +608.64% $0.00 1.63K Feb 1, 2024 Direct F1
transaction UPS Class A Common Stock Tax liability -$98.3K -690 -42.23% $142.41 944 Feb 1, 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
transaction UPS Restricted Stock Units Options Exercise $0 -1.4K -24.98% $0.00 4.21K Feb 1, 2024 Class A Common Stock 1.4K 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 230.5787 shares in the reporting person's 401(k) account.
F2 Restricted Stock Units (RSUs) will convert into shares of UPS Class A common stock on a one for one basis.
F3 RSUs vest 25% in February 2024, 25% in February 2025 and 50% in February 2026. Current vesting represents the first tranche of the 3 year vesting cycle.
F4 Includes dividend equivalent units attributed to the RSUs.