Kathleen M. Gutmann - Feb 17, 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
Feb 17, 2023
Transactions value $
-$3,667,266
Form type
4
Date filed
2/22/2023, 04:39 PM
Previous filing
Feb 10, 2023
Next filing
Apr 6, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UPS Class A Common Stock Options Exercise $0 +42.7K +91.37% $0.00 89.3K Feb 17, 2023 Direct F1
transaction UPS Class A Common Stock Options Exercise $0 +4.69K +5.25% $0.00 94K Feb 17, 2023 Direct F1, F2
transaction UPS Class A Common Stock Tax liability -$323K -1.75K -1.86% $184.75 92.3K Feb 17, 2023 Direct F1
transaction UPS Class A Common Stock Tax liability -$3.34M -19.2K -20.85% $173.84 73K Feb 17, 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 Performance Units Options Exercise $0 -42.7K -100% $0.00* 0 Feb 17, 2023 Class A Common Stock 42.7K Direct F3, F4
transaction UPS Restricted Units 2022 Options Exercise $0 -4.69K -100% $0.00* 0 Feb 17, 2023 Class A Common Stock 4.69K Direct F2, F3, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 2,298.3234 shares in the reporting person's 401(k) account.
F2 Includes dividend equivalent units attributable to the restricted units prior to conversion.
F3 One unit is equivalent to one share of UPS Class A common stock.
F4 RPUs were vested when earned on February 8, 2023.
F5 Restricted units vested one year after the date of grant.