Carol B. Tome - 16 Feb 2024 Form 4 Insider Report for UNITED PARCEL SERVICE INC (UPS)

Signature
Eli Brown, Power of Attorney
Issuer symbol
UPS
Transactions as of
16 Feb 2024
Net transactions value
-$4,996,332
Form type
4
Filing time
21 Feb 2024, 17:13:24 UTC
Previous filing
09 Feb 2024
Next filing
05 Mar 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 +62,097 +56% $0.000000 172,801 16 Feb 2024 Direct F1
transaction UPS Class A Common Stock Options Exercise $0 +11,553 +6.7% $0.000000 184,354 16 Feb 2024 Direct F1
transaction UPS Class A Common Stock Tax liability $766,374 -5,181 -2.8% $147.92 179,173 16 Feb 2024 Direct F1
transaction UPS Class A Common Stock Tax liability $4,229,959 -26,903 -15% $157.23 152,270 16 Feb 2024 Direct F1
holding UPS Class B Common Stock 13,036 16 Feb 2024 Direct

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 -62,097 -100% $0.000000* 0 16 Feb 2024 Class A Common Stock 62,097 Direct F2, F3
transaction UPS Restricted Units 2023 Options Exercise $0 -11,553 -100% $0.000000* 0 16 Feb 2024 Class A Common Stock 11,553 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 161.0478 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.