SEC Form 4 · accession 0001225208-15-002816
UNITED PARCEL SERVICE INC · UPS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Teri P McClure
Officer — Sr VP, Gen Counsel & Sec
Period of report
Jan 30, 2015
Accepted (ET)
Feb 3, 2015 · 4:11 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 | 1,031 | $109.29 | A | 53,208 | D | |
| Class A Common Stock | Jan 30, 2015 | M | 701 | $109.29 | A | 53,910 | D | |
| Class A Common Stock | Jan 30, 2015 | M | 647 | $109.29 | A | 54,556 | D | |
| Class A Common Stock | Jan 30, 2015 | F | 216 | $109.29 | D | 54,340 | D | |
| Class A Common Stock | Jan 30, 2015 | F | 230 | $109.29 | D | 54,110 | D | |
| Class A Common StockF1 | Jan 30, 2015 | F | 380 | $109.29 | D | 53,730 | D |
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 | 1,031 | D | — | Jan 15, 2017 | Class A Common Stock | 1,031 | 2,060 | D |
| Restricted Performance UnitsF4,F2,F3 | — | Jan 30, 2015 | M | 701 | D | — | Jan 15, 2018 | Class A Common Stock | 701 | 2,104 | D |
| Restricted Performance UnitsF4,F2,F3 | — | Jan 30, 2015 | M | 647 | D | — | Jan 15, 2019 | Class A Common Stock | 647 | 2,584 | D |
Explanation of responses
- F1Includes 18.0334 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 213.6444 Dividend Equivalent Units acquired in the Restricted Performance Plan account between January 28, 2014 and January 29, 2015.