Kathleen M. Gutmann - May 13, 2021 Form 4 Insider Report for UNITED PARCEL SERVICE INC (UPS)

Role
Chief Sales & Solutions Off
Signature
Eli Brown, Power of Attorney
Stock symbol
UPS
Transactions as of
May 13, 2021
Transactions value $
-$826,784
Form type
4
Date filed
5/17/2021, 05:40 PM
Next filing
Jul 26, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UPS Class A Common Stock Options Exercise $0 +8.5K +11.77% $0.00 80.7K May 13, 2021 Direct F1
transaction UPS Class A Common Stock Tax liability -$827K -3.83K -4.75% $215.67 76.9K May 13, 2021 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 -8.5K -25% $0.00 25.5K May 13, 2021 Class A Common Stock 8.5K 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 2,130.1718 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.
F4 Includes dividend equivalent units attributed to the RSUs.