SEC Form 4 · accession 0001225208-15-012280
UNITED PARCEL SERVICE INC · UPS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kathleen M. Gutmann
Officer — Senior Vice President
Period of report
May 15, 2015
Accepted (ET)
May 18, 2015 · 4:05 pm EDT
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 | May 15, 2015 | M | 442 | $101.43 | A | 23,851 | D | |
| Class A Common Stock | May 15, 2015 | M | 344 | $100.11 | A | 24,195 | D | |
| Class A Common Stock | May 15, 2015 | F | 115 | $100.11 | D | 24,080 | D | |
| Class A Common StockF1 | May 15, 2015 | F | 148 | $101.43 | D | 23,932 | 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 UnitsF2,F3 | — | May 15, 2015 | M | 442 | D | — | May 4, 2016 | Class A Common Stock | 442 | 443 | D |
| Restricted Performance UnitsF2,F4 | — | May 15, 2015 | M | 344 | D | — | May 5, 2015 | Class A Common Stock | 344 | 0 | D |
Explanation of responses
- F1Includes 27.1683 shares acquired in the Reporting Person's 401(k) account between March 13, 2015 and May 15, 2015.
- F2Represents Restricted Performance Units (RPUs) granted as Long-term Incentive Plan Unit Awards under the United Parcel Service, Inc. Incentive Compensation Plan. Each RPU represents a right to receive one share of class A common stock.
- F3RPUs were granted on May 4, 2011 and vest at the rate of 20% annually beginning on May 4th of each year during the vesting period. Securities were converted into shares of class A common stock and distributed to the Reporting Person on May 15, 2015.
- F4RPUs were granted on May 5, 2010 and vest at the rate of 20% annually beginning on May 5th of each year during the vesting period. Securities were converted into shares of class A common stock and distributed to the Reporting Person on May 15, 2015.