SEC Form 4 · accession 0001225208-16-025327
UNITED PARCEL SERVICE INC · UPS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Norman M. Brothers Jr.
Officer — Sr VP, Gen Counsel & Sec
Period of report
Jan 29, 2016
Accepted (ET)
Feb 1, 2016 · 4:24 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 | 339 | $90.04 | A | 12,891 | D | |
| Class A Common Stock | Jan 29, 2016 | M | 252 | $90.04 | A | 13,143 | D | |
| Class A Common Stock | Jan 29, 2016 | M | 230 | $90.04 | A | 13,373 | D | |
| Class A Common Stock | Jan 29, 2016 | M | 230 | $90.04 | A | 13,603 | D | |
| Class A Common Stock | Jan 29, 2016 | F | 82 | $90.04 | D | 13,521 | D | |
| Class A Common Stock | Jan 29, 2016 | F | 90 | $90.04 | D | 13,431 | D | |
| Class A Common Stock | Jan 29, 2016 | F | 98 | $90.04 | D | 13,333 | D | |
| Class A Common StockF1 | Jan 29, 2016 | F | 132 | $90.04 | D | 13,201 | 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 | — | Jan 29, 2016 | M | 339 | D | — | Jan 15, 2017 | Class A Common Stock | 339 | 339 | D |
| Restricted Performance UnitsF2,F3 | — | Jan 29, 2016 | M | 252 | D | — | Jan 15, 2018 | Class A Common Stock | 252 | 504 | D |
| Restricted Performance UnitsF2,F3 | — | Jan 29, 2016 | M | 230 | D | — | Jan 15, 2019 | Class A Common Stock | 230 | 692 | D |
| Restricted Performance UnitsF2,F3 | — | Jan 29, 2016 | M | 230 | D | — | Jan 15, 2020 | Class A Common Stock | 230 | 916 | D |
Explanation of responses
- F1Includes 17.0482 shares acquired in the Reporting Person's 401(k) account between January 1, 2016 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.