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

Role
Chief Human Resources Officer
Signature
Eli Brown, Power of Attorney
Issuer symbol
UPS
Transactions as of
16 Feb 2024
Net transactions value
-$1,225,452
Form type
4
Filing time
21 Feb 2024, 17:13:10 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 +14,185 +140% $0.000000 24,317 16 Feb 2024 Direct F1
transaction UPS Class A Common Stock Options Exercise $0 +3,313 +14% $0.000000 27,630 16 Feb 2024 Direct F1
transaction UPS Class A Common Stock Tax liability $219,809 -1,486 -5.4% $147.92 26,144 16 Feb 2024 Direct F1
transaction UPS Class A Common Stock Tax liability $1,005,643 -6,396 -24% $157.23 19,748 16 Feb 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 -14,185 -100% $0.000000* 0 16 Feb 2024 Class A Common Stock 14,185 Direct F2, F3
transaction UPS Restricted Units 2023 Options Exercise $0 -3,313 -100% $0.000000* 0 16 Feb 2024 Class A Common Stock 3,313 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 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.