SEC Form 4 · accession 0001225208-15-002815
UNITED PARCEL SERVICE INC · UPS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kurt P Kuehn
Officer — CFO & Senior Vice President
Period of report
Jan 30, 2015
Accepted (ET)
Feb 3, 2015 · 4:10 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 | 1,076 | $109.29 | A | 65,500 | D | |
| Class A Common Stock | Jan 30, 2015 | M | 734 | $109.29 | A | 66,233 | D | |
| Class A Common Stock | Jan 30, 2015 | M | 682 | $109.29 | A | 66,915 | D | |
| Class A Common Stock | Jan 30, 2015 | F | 245 | $109.29 | D | 66,670 | D | |
| Class A Common Stock | Jan 30, 2015 | F | 264 | $109.29 | D | 66,406 | D | |
| Class A Common StockF1 | Jan 30, 2015 | F | 354 | $109.29 | D | 66,052 | D | |
| Class A Common Stock | holding | — | — | — | 1,120 | I | Child | |
| Class A Common Stock | holding | — | — | — | 532 | I | Family Member | |
| Class A Common Stock | holding | — | — | — | 1,364 | 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 | 1,076 | D | — | Jan 15, 2017 | Class A Common Stock | 1,076 | 2,153 | D |
| Restricted Performance UnitsF4,F2,F3 | — | Jan 30, 2015 | M | 734 | D | — | Jan 15, 2018 | Class A Common Stock | 734 | 2,200 | D |
| Restricted Performance UnitsF4,F2,F3 | — | Jan 30, 2015 | M | 682 | D | — | Jan 15, 2019 | Class A Common Stock | 682 | 2,728 | D |
Explanation of responses
- F1Includes 17.7165 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 223.9503 Dividend Equivalent Units acquired in the Restricted Performance Plan account between January 28, 2014 and January 29, 2015.