Brian Newman - 16 Feb 2024 Form 4 Insider Report for UNITED PARCEL SERVICE INC (UPS)

Role
Chief Financial Officer
Signature
Eli Brown, Power of Attorney
Issuer symbol
UPS
Transactions as of
16 Feb 2024
Net transactions value
-$2,167,424
Form type
4
Filing time
21 Feb 2024, 17:13:29 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 +26,847 +248% $0.000000 37,687 16 Feb 2024 Direct F1
transaction UPS Class A Common Stock Options Exercise $0 +4,064 +11% $0.000000 41,751 16 Feb 2024 Direct F1
transaction UPS Class A Common Stock Tax liability $269,658 -1,823 -4.4% $147.92 39,928 16 Feb 2024 Direct F1
transaction UPS Class A Common Stock Tax liability $1,897,766 -12,070 -30% $157.23 27,858 16 Feb 2024 Direct F1
holding UPS Class B Common Stock 22,295 16 Feb 2024 Direct
holding UPS Class A Common Stock 17,500 16 Feb 2024 Family Trust 2023
holding UPS Class A Common Stock 4,528 16 Feb 2024 Trust 2022
holding UPS Class B Common Stock 2,705 16 Feb 2024 Trust 2022

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 -26,847 -100% $0.000000* 0 16 Feb 2024 Class A Common Stock 26,847 Direct F2, F3
transaction UPS Restricted Units 2023 Options Exercise $0 -4,064 -100% $0.000000* 0 16 Feb 2024 Class A Common Stock 4,064 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 191.8423 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.