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

Role
CHF Crp Aff, Com & Sustain Off
Signature
Eli Brown, Power of Attorney
Stock symbol
UPS
Transactions as of
Feb 16, 2024
Transactions value $
-$984,778
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 +11.3K +60.52% $0.00 30.1K Feb 16, 2024 Direct F1
transaction UPS Class A Common Stock Options Exercise $0 +2.7K +8.97% $0.00 32.8K Feb 16, 2024 Direct F1
transaction UPS Class A Common Stock Tax liability -$179K -1.21K -3.7% $147.92 31.6K Feb 16, 2024 Direct F1
transaction UPS Class A Common Stock Tax liability -$806K -5.12K -16.24% $157.23 26.4K 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 -11.3K -100% $0.00* 0 Feb 16, 2024 Class A Common Stock 11.3K Direct F2, F3
transaction UPS Restricted Units 2023 Options Exercise $0 -2.7K -100% $0.00* 0 Feb 16, 2024 Class A Common Stock 2.7K 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.