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
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 +26.8K +247.66% $0.00 37.7K 16 Feb 2024 Direct F1
transaction UPS Class A Common Stock Options Exercise $0 +4.06K +10.78% $0.00 41.8K 16 Feb 2024 Direct F1
transaction UPS Class A Common Stock Tax liability -$270K -1.82K -4.37% $147.92 39.9K 16 Feb 2024 Direct F1
transaction UPS Class A Common Stock Tax liability -$1.9M -12.1K -30.23% $157.23 27.9K 16 Feb 2024 Direct F1
holding UPS Class B Common Stock 22.3K 16 Feb 2024 Direct
holding UPS Class A Common Stock 17.5K 16 Feb 2024 Family Trust 2023
holding UPS Class A Common Stock 4.53K 16 Feb 2024 Trust 2022
holding UPS Class B Common Stock 2.71K 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 -26.8K -100% $0.00* 0 16 Feb 2024 Class A Common Stock 26.8K Direct F2, F3
transaction UPS Restricted Units 2023 Options Exercise $0 -4.06K -100% $0.00* 0 16 Feb 2024 Class A Common Stock 4.06K 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.