Bala Subramanian - 14 Feb 2025 Form 4 Insider Report for UNITED PARCEL SERVICE INC (UPS)

Role: Chief Digital & Tech Officer
Signature: Michael Hanson, Power of Attorney
Issuer symbol: UPS
Transactions as of: 14 Feb 2025
Transactions value $: $-391,414
Form type: 4
Filing time: 18 Feb 2025, 16:36:42 UTC
Previous filing: 07 Feb 2025
Next filing: 13 May 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	+7,773	+47.3%	$0.000000	24,190	14 Feb 2025	Direct	F1
transaction	UPS	Class A Common Stock	Tax liability	$-391,414	-3,104	-12.8%	$126.10	21,086	14 Feb 2025	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 Performance Units	Options Exercise	$0	-7,773	-100%	$0.000000	0	14 Feb 2025	Class A Common Stock	7,773		Direct	F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Includes 21.9578 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 vested upon completion of the performance period, and were considered earned upon certification of financial results by the Compensation and Human Capital Committee of the Board, which occurred on February 5, 2025.