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

Role
Chief Legal & Compliance Off
Signature
Eli Brown, Power of Attorney
Issuer symbol
UPS
Transactions as of
16 Feb 2024
Net transactions value
-$1,181,098
Form type
4
Filing time
21 Feb 2024, 17:12:54 UTC
Previous filing
09 Feb 2024
Next filing
22 Mar 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UPS Class A Common Stock Options Exercise $0 +13,342 +31% $0.000000 56,395 16 Feb 2024 Direct F1
transaction UPS Class A Common Stock Options Exercise $0 +3,542 +6.3% $0.000000 59,937 16 Feb 2024 Direct F1
transaction UPS Class A Common Stock Tax liability $235,045 -1,589 -2.7% $147.92 58,348 16 Feb 2024 Direct F1
transaction UPS Class A Common Stock Tax liability $946,053 -6,017 -10% $157.23 52,331 16 Feb 2024 Direct F1
transaction UPS Class A Common Stock Other $0 -7,325 -14% $0.000000 45,006 16 Feb 2024 Direct F1, F2
transaction UPS Class B Common Stock Other $0 +7,325 $0.000000 7,325 16 Feb 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 -13,342 -100% $0.000000* 0 16 Feb 2024 Class A Common Stock 13,342 Direct F3, F4
transaction UPS Restricted Units 2023 Options Exercise $0 -3,542 -100% $0.000000* 0 16 Feb 2024 Class A Common Stock 3,542 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.