Kathleen M. Gutmann - Mar 27, 2023 Form 4 Insider Report for UNITED PARCEL SERVICE INC (UPS)

Role
Pres Intl, Healthcare and SCS
Signature
Eli Brown, Power of Attorney
Stock symbol
UPS
Transactions as of
Mar 27, 2023
Transactions value $
-$23,710
Form type
4
Date filed
3/29/2023, 04:10 PM
Previous filing
Apr 6, 2023
Next filing
May 16, 2023
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 +283 +0.39% $0.00 73.4K Mar 27, 2023 Direct F1
transaction UPS Class A Common Stock Tax liability -$23.7K -127 -0.17% $186.07 73.2K Mar 27, 2023 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 Stock Units Options Exercise $0 -283 -33.22% $0.00 568 Mar 27, 2023 Class A Common Stock 283 Direct F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 2,318.8328 shares in the reporting person's 401(k) account.
F2 Represents Restricted Stock Units (RSUs) granted under the United Parcel Service, Inc. Incentive Compensation Plan. These RSUs will convert into shares of UPS Class A common stock on a one for one basis.
F3 RSUs vest 25% the first year, 25% the second year and 50% the third year. Current vesting represents the second tranche of the 3 year vesting cycle.
F4 Includes dividend equivalent units attributed to the RSUs.