SEC Form 4 · accession 0001225208-17-001994
UNITED PARCEL SERVICE INC · UPS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David P Abney
Officer — Chairman and CEO · Director
Period of report
Jan 27, 2017
Accepted (ET)
Jan 30, 2017 · 4:10 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 27, 2017 | M | 2,621 | $114.24 | A | 147,911 | D | |
| Class A Common Stock | Jan 27, 2017 | M | 1,931 | $114.24 | A | 149,843 | D | |
| Class A Common Stock | Jan 27, 2017 | M | 1,247 | $114.24 | A | 151,089 | D | |
| Class A Common Stock | Jan 27, 2017 | M | 848 | $114.24 | A | 151,937 | D | |
| Class A Common Stock | Jan 27, 2017 | M | 770 | $114.24 | A | 152,707 | D | |
| Class A Common Stock | Jan 27, 2017 | F | 370 | $114.24 | D | 152,337 | D | |
| Class A Common Stock | Jan 27, 2017 | F | 407 | $114.24 | D | 151,930 | D | |
| Class A Common Stock | Jan 27, 2017 | F | 606 | $114.24 | D | 151,324 | D | |
| Class A Common Stock | Jan 27, 2017 | F | 927 | $114.24 | D | 150,397 | D | |
| Class A Common Stock | Jan 27, 2017 | F | 1,257 | $114.24 | D | 149,140 | 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 UnitsF3,F1,F2 | — | Jan 27, 2017 | M | 1,247 | D | — | Jan 15, 2017 | Class A Common Stock | 1,247 | 0 | D |
| Restricted Performance UnitsF3,F1,F2 | — | Jan 27, 2017 | M | 848 | D | — | Jan 15, 2018 | Class A Common Stock | 848 | 847 | D |
| Restricted Performance UnitsF3,F1,F2 | — | Jan 27, 2017 | M | 770 | D | — | Jan 15, 2019 | Class A Common Stock | 770 | 1,540 | D |
| Restricted Performance UnitsF3,F1,F2 | — | Jan 27, 2017 | M | 1,931 | D | — | Jan 15, 2020 | Class A Common Stock | 1,931 | 5,794 | D |
| Restricted Performance UnitsF3,F1,F2 | — | Jan 27, 2017 | M | 2,621 | D | — | Jan 15, 2021 | Class A Common Stock | 2,621 | 10,484 | 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.
- F2RPUs vest at the rate of 20% on January 15th of each year during the vesting period.
- F3Includes 648.1084 Dividend Equivalent Units acquired in the Restricted Performance Plan account between January 29, 2016 and January 26, 2017.