SEC Form 4 · accession 0001225208-15-006750
UNITED PARCEL SERVICE INC · UPS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Myron A Gray
Officer — Senior Vice President
Period of report
Mar 2, 2015
Accepted (ET)
Mar 4, 2015 · 4:05 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001090727
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option to Purchase UPS Class A CommonF1 | $101.93 | Mar 2, 2015 | A | 7,893 | A | — | Feb 28, 2025 | Class A Common Stock | 7,893 | 7,893 | D |
| Restricted Performance UnitsF2,F3 | — | Mar 2, 2015 | A | 3,406 | A | — | Jan 15, 2020 | Class A Common Stock | 3,406 | 3,406 | D |
| Restricted Performance UnitsF4 | — | Mar 2, 2015 | A | 3,684 | A | Jan 31, 2015 | Jan 31, 2015 | Class A Common Stock | 3,684 | 10,286 | D |
| Restricted Performance UnitsF4 | — | Mar 2, 2015 | A | 3,589 | A | Jan 31, 2016 | Jan 31, 2016 | Class A Common Stock | 3,589 | 7,071 | D |
Explanation of responses
- F1Securities vest at the rate of 20% annually beginning March 2, 2016.
- 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.
- F3Securities vest at the rate of 20% annually beginning January 15, 2016.
- F4One unit is equivalent to one share of UPS Class A Common stock.