Darrell L. Ford - Feb 16, 2024 Form 4 Insider Report for UNITED PARCEL SERVICE INC (UPS)

Signature
Eli Brown, Power of Attorney
Stock symbol
UPS
Transactions as of
Feb 16, 2024
Transactions value $
-$1,225,452
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 +14.2K +140% $0.00 24.3K Feb 16, 2024 Direct F1
transaction UPS Class A Common Stock Options Exercise $0 +3.31K +13.62% $0.00 27.6K Feb 16, 2024 Direct F1
transaction UPS Class A Common Stock Tax liability -$220K -1.49K -5.38% $147.92 26.1K Feb 16, 2024 Direct F1
transaction UPS Class A Common Stock Tax liability -$1.01M -6.4K -24.46% $157.23 19.7K 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 -14.2K -100% $0.00 0 Feb 16, 2024 Class A Common Stock 14.2K Direct F2, F3
transaction UPS Restricted Units 2023 Options Exercise $0 -3.31K -100% $0.00 0 Feb 16, 2024 Class A Common Stock 3.31K Direct F2, F4, F5

Explanation of Responses:

Id Content
F1 Includes 98.3123 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.