SEC Form 4 · accession 0001225208-15-006756
UNITED PARCEL SERVICE INC · UPS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
D Scott Davis
Director · Other
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Performance UnitsF1,F2 | — | Mar 2, 2015 | A | 7,044 | A | — | Jan 15, 2020 | Class A Common Stock | 7,044 | 7,044 | D |
| Restricted Stock UnitsF3 | — | Mar 2, 2015 | A | 23,396 | A | Jan 31, 2016 | Mar 18, 2016 | Class A Common Stock | 23,396 | 23,396 | D |
| Restricted Stock UnitsF3 | — | Mar 2, 2015 | A | 24,599 | A | Mar 2, 2015 | Mar 13, 2015 | Class A Common Stock | 24,599 | 24,599 | D |
Explanation of responses
- F1Represents 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.
- F2Securities vest at the rate of 20% annually beginning January 15, 2016.
- F3Represents Restricted Stock Units (RSUs) granted under the United Parcel Service, Inc. Incentive Compensation Plan. Each RSU represents the right to receive one share of Class A common stock.