Kathleen M. Gutmann - Feb 16, 2024 Form 4 Insider Report for UNITED PARCEL SERVICE INC (UPS)

Role
Pres Intl, Healthcare and SCS
Signature
Eli Brown, Power of Attorney
Stock symbol
UPS
Transactions as of
Feb 16, 2024
Transactions value $
-$1,433,956
Form type
4
Date filed
2/21/2024, 05:13 PM
Previous filing
Feb 9, 2024
Next filing
Mar 22, 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 +16.4K +19.78% $0.00 99.6K Feb 16, 2024 Direct F1
transaction UPS Class A Common Stock Options Exercise $0 +4.06K +4.08% $0.00 104K Feb 16, 2024 Direct F1
transaction UPS Class A Common Stock Tax liability -$270K -1.82K -1.76% $147.92 102K Feb 16, 2024 Direct F1
transaction UPS Class A Common Stock Tax liability -$1.16M -7.41K -7.27% $157.23 94.4K Feb 16, 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 Performance Units Options Exercise $0 -16.4K -100% $0.00* 0 Feb 16, 2024 Class A Common Stock 16.4K Direct F2, F3
transaction UPS Restricted Units 2023 Options Exercise $0 -4.06K -100% $0.00* 0 Feb 16, 2024 Class A Common Stock 4.06K Direct F2, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 2,388.8609 shares in the reporting person's 401(k) account.
F2 One unit is equivalent to one share of UPS Class A common stock.
F3 RPUs were vested when earned on February 7, 2024.
F4 Each unit automatically converted into one share of Class A common stock following the first anniversary of the grant date.
F5 Includes dividend equivalent units attributable to the restricted units prior to conversion.