Laura J. Lane - 16 Feb 2024 Form 4 Insider Report for UNITED PARCEL SERVICE INC (UPS)

Role
CHF Crp Aff, Com & Sustain Off
Signature
Eli Brown, Power of Attorney
Issuer symbol
UPS
Transactions as of
16 Feb 2024
Net transactions value
-$984,778
Form type
4
Filing time
21 Feb 2024, 17:13:18 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 +11,339 +61% $0.000000 30,074 16 Feb 2024 Direct F1
transaction UPS Class A Common Stock Options Exercise $0 +2,699 +9% $0.000000 32,772 16 Feb 2024 Direct F1
transaction UPS Class A Common Stock Tax liability $179,131 -1,211 -3.7% $147.92 31,561 16 Feb 2024 Direct F1
transaction UPS Class A Common Stock Tax liability $805,647 -5,124 -16% $157.23 26,437 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 -11,339 -100% $0.000000* 0 16 Feb 2024 Class A Common Stock 11,339 Direct F2, F3
transaction UPS Restricted Units 2023 Options Exercise $0 -2,699 -100% $0.000000* 0 16 Feb 2024 Class A Common Stock 2,699 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 881.7685 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.