SEC Form 4 · accession 0001225208-15-012283
UNITED PARCEL SERVICE INC · UPS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mitchell R. Nichols
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 | 482 | $101.43 | A | 43,500 | D | |
| Class A Common Stock | May 15, 2015 | M | 397 | $100.11 | A | 43,897 | D | |
| Class A Common Stock | May 15, 2015 | F | 133 | $100.11 | D | 43,764 | D | |
| Class A Common StockF1 | May 15, 2015 | F | 161 | $101.43 | D | 43,603 | 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 | 482 | D | — | May 4, 2016 | Class A Common Stock | 482 | 483 | D |
| Restricted Performance UnitsF2,F4 | — | May 15, 2015 | M | 397 | D | — | May 5, 2015 | Class A Common Stock | 397 | 0 | D |
Explanation of responses
- F1Includes 27.1683 shares acquired in the Reporting Person's 401(k) account and 3.2576 shares acquired in the Reporting Person's Discounted Employee Stock Purchase Plan 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.