SEC Form 4 · accession 0001225208-16-025315
UNITED PARCEL SERVICE INC · UPS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David P Abney
Officer — Chief Executive Officer · Director
Period of report
Jan 29, 2016
Accepted (ET)
Feb 1, 2016 · 4:16 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 29, 2016 | M | 1,877 | $90.04 | A | 150,733 | D | |
| Class A Common Stock | Jan 29, 2016 | M | 1,210 | $90.04 | A | 151,943 | D | |
| Class A Common Stock | Jan 29, 2016 | M | 824 | $90.04 | A | 152,766 | D | |
| Class A Common Stock | Jan 29, 2016 | M | 747 | $90.04 | A | 153,514 | D | |
| Class A Common Stock | Jan 29, 2016 | F | 359 | $90.04 | D | 153,155 | D | |
| Class A Common Stock | Jan 29, 2016 | F | 395 | $90.04 | D | 152,760 | D | |
| Class A Common Stock | Jan 29, 2016 | F | 593 | $90.04 | D | 152,167 | D | |
| Class A Common StockF1 | Jan 29, 2016 | F | 900 | $90.04 | D | 151,267 | D | |
| Class A Common Stock | holding | — | — | — | 26,500 | I | Spouse |
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 29, 2016 | M | 1,210 | D | — | Jan 15, 2017 | Class A Common Stock | 1,210 | 1,211 | D |
| Restricted Performance UnitsF4,F2,F3 | — | Jan 29, 2016 | M | 824 | D | — | Jan 15, 2018 | Class A Common Stock | 824 | 1,646 | D |
| Restricted Performance UnitsF4,F2,F3 | — | Jan 29, 2016 | M | 747 | D | — | Jan 15, 2019 | Class A Common Stock | 747 | 2,244 | D |
| Restricted Performance UnitsF4,F2,F3 | — | Jan 29, 2016 | M | 1,877 | D | — | Jan 15, 2020 | Class A Common Stock | 1,877 | 7,504 | D |
Explanation of responses
- F1Includes 13.3909 shares acquired in the Reporting Person's 401(k) account between December 2, 2015 and January 28, 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.
- F3RPUs vest at the rate of 20% on January 15th of each year during the vesting period.
- F4Includes 426.7004 Dividend Equivalent Units acquired in the Restricted Performance Plan account between January 30, 2015 and January 28, 2016.