Norman M. Brothers Jr - Feb 16, 2024 Form 4 Insider Report for UNITED PARCEL SERVICE INC (UPS)

Role
Chief Legal & Compliance Off
Signature
Eli Brown, Power of Attorney
Stock symbol
UPS
Transactions as of
Feb 16, 2024
Transactions value $
-$1,181,098
Form type
4
Date filed
2/21/2024, 05:12 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 +13.3K +30.99% $0.00 56.4K Feb 16, 2024 Direct F1
transaction UPS Class A Common Stock Options Exercise $0 +3.54K +6.28% $0.00 59.9K Feb 16, 2024 Direct F1
transaction UPS Class A Common Stock Tax liability -$235K -1.59K -2.65% $147.92 58.3K Feb 16, 2024 Direct F1
transaction UPS Class A Common Stock Tax liability -$946K -6.02K -10.31% $157.23 52.3K Feb 16, 2024 Direct F1
transaction UPS Class A Common Stock Other $0 -7.33K -14% $0.00 45K Feb 16, 2024 Direct F1, F2
transaction UPS Class B Common Stock Other $0 +7.33K $0.00 7.33K Feb 16, 2024 Direct F2

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 -13.3K -100% $0.00* 0 Feb 16, 2024 Class A Common Stock 13.3K Direct F3, F4
transaction UPS Restricted Units 2023 Options Exercise $0 -3.54K -100% $0.00* 0 Feb 16, 2024 Class A Common Stock 3.54K Direct F3, F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 556.8950 shares in the reporting person's 401(k) account and 55.3777 shares acquired in the reporting person's Discounted Employee Stock Purchase Plan.
F2 Conversion of shares of Class A common stock into Class B common stock in accordance with the terms thereof.
F3 One unit is equivalent to one share of UPS Class A common stock.
F4 RPUs were vested when earned on February 7, 2024.
F5 Each unit automatically converted into one share of Class A common stock following the first anniversary of the grant date.
F6 Includes dividend equivalent units attributable to the restricted units prior to conversion.