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
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 +62.1K +56.09% $0.00 173K 16 Feb 2024 Direct F1
transaction UPS Class A Common Stock Options Exercise $0 +11.6K +6.69% $0.00 184K 16 Feb 2024 Direct F1
transaction UPS Class A Common Stock Tax liability -$766K -5.18K -2.81% $147.92 179K 16 Feb 2024 Direct F1
transaction UPS Class A Common Stock Tax liability -$4.23M -26.9K -15.02% $157.23 152K 16 Feb 2024 Direct F1
holding UPS Class B Common Stock 13K 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 -62.1K -100% $0.00* 0 16 Feb 2024 Class A Common Stock 62.1K Direct F2, F3
transaction UPS Restricted Units 2023 Options Exercise $0 -11.6K -100% $0.00* 0 16 Feb 2024 Class A Common Stock 11.6K 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.