SEC Form 4 · accession 0001225208-15-002794
UNITED PARCEL SERVICE INC · UPS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David P Abney
Officer — Chief Executive Officer · Director
Period of report
Jan 30, 2015
Accepted (ET)
Feb 3, 2015 · 4:05 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001090727
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Jan 30, 2015 | M | 1,177 | $109.29 | A | 140,158 | D | |
| Class A Common Stock | Jan 30, 2015 | M | 799 | $109.29 | A | 140,957 | D | |
| Class A Common Stock | Jan 30, 2015 | M | 727 | $109.29 | A | 141,684 | D | |
| Class A Common Stock | Jan 30, 2015 | F | 349 | $109.29 | D | 141,335 | D | |
| Class A Common Stock | Jan 30, 2015 | F | 384 | $109.29 | D | 140,951 | D | |
| Class A Common StockF1 | Jan 30, 2015 | F | 575 | $109.29 | D | 140,376 | D | |
| Class A Common Stock | holding | — | — | — | 26,500 | I | Spouse |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Performance UnitsF4,F2,F3 | — | Jan 30, 2015 | M | 1,177 | D | — | Jan 15, 2017 | Class A Common Stock | 1,177 | 2,352 | D |
| Restricted Performance UnitsF4,F2,F3 | — | Jan 30, 2015 | M | 799 | D | — | Jan 15, 2018 | Class A Common Stock | 799 | 2,399 | D |
| Restricted Performance UnitsF4,F2,F3 | — | Jan 30, 2015 | M | 727 | D | — | Jan 15, 2019 | Class A Common Stock | 727 | 2,906 | D |
Explanation of responses
- F1Includes 12.0307 shares acquired in the Reporting Person's 401(k) account between October 13, 2014 and January 29, 2015.
- F2Represents Restricted Performance Units (RPUs) granted as Management Incentive Awards under the United Parcel Service, Inc. Incentive Compensation Plan. Each RPU represents the right to receive one share of Class A common stock.
- F3RPUs vest at the rate of 20% on January 15th of each year during the vesting period.
- F4Includes 242.7398 Dividend Equivalent Units acquired in the Restricted Performance Plan account between January 28, 2014 and January 29, 2015.