Kathleen M. Gutmann - May 13, 2022 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
May 13, 2022
Transactions value $
-$697,974
Form type
4
Date filed
5/17/2022, 04:28 PM
Previous filing
Mar 29, 2022
Next filing
Aug 12, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UPS Class A Common Stock Options Exercise $0 +8.69K +8.89% $0.00 106K May 13, 2022 Direct F1
transaction UPS Class A Common Stock Tax liability -$698K -3.92K -3.68% $178.04 103K May 13, 2022 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 -8.69K -33.34% $0.00 17.4K May 13, 2022 Class A Common Stock 8.69K 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 2,216.8332 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.