Matthew W. Guffey - 20 Mar 2024 Form 4 Insider Report for UNITED PARCEL SERVICE INC (UPS)

Role
CHF Commercial & Strategy Off
Signature
Michael Hanson, Power of Attorney
Issuer symbol
UPS
Transactions as of
20 Mar 2024
Net transactions value
-$78,520
Form type
4
Filing time
22 Mar 2024, 16:13:31 UTC
Previous filing
21 Feb 2024
Next filing
04 Feb 2025
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 +1,137 +38% $0.000000 4,113 20 Mar 2024 Direct F1
transaction UPS Class A Common Stock Tax liability $78,520 -510 -12% $153.96 3,603 20 Mar 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 Option to Purchase Class A Common Award $0 +5,221 $0.000000 5,221 20 Mar 2024 Class A Common Stock 5,221 $154.76 Direct F2
transaction UPS Restricted Units 2023 Options Exercise $0 -1,137 -100% $0.000000* 0 20 Mar 2024 Class A Common Stock 1,137 Direct F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 233.0199 shares in the reporting person's 401(k) account.
F2 Securities vest at the rate of 20% annually beginning March 20, 2025.
F3 One unit is equivalent to one share of UPS Class A common stock.
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.