SEC Form 4 · accession 0001225208-17-001996
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 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 | 349 | $114.24 | A | 15,150 | D | |
| Class A Common Stock | Jan 27, 2017 | M | 323 | $114.24 | A | 15,473 | D | |
| Class A Common Stock | Jan 27, 2017 | M | 260 | $114.24 | A | 15,733 | D | |
| Class A Common Stock | Jan 27, 2017 | M | 237 | $114.24 | A | 15,970 | D | |
| Class A Common Stock | Jan 27, 2017 | M | 235 | $114.24 | A | 16,205 | D | |
| Class A Common Stock | Jan 27, 2017 | F | 111 | $114.24 | D | 16,094 | D | |
| Class A Common Stock | Jan 27, 2017 | F | 122 | $114.24 | D | 15,972 | D | |
| Class A Common Stock | Jan 27, 2017 | F | 139 | $114.24 | D | 15,833 | D | |
| Class A Common Stock | Jan 27, 2017 | F | 152 | $114.24 | D | 15,681 | D | |
| Class A Common Stock | Jan 27, 2017 | F | 186 | $114.24 | D | 15,495 | 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 UnitsF3,F1,F2 | — | Jan 27, 2017 | M | 349 | D | — | Jan 15, 2017 | Class A Common Stock | 349 | 0 | D |
| Restricted Performance UnitsF3,F1,F2 | — | Jan 27, 2017 | M | 260 | D | — | Jan 15, 2018 | Class A Common Stock | 260 | 259 | D |
| Restricted Performance UnitsF3,F1,F2 | — | Jan 27, 2017 | M | 237 | D | — | Jan 15, 2019 | Class A Common Stock | 237 | 475 | D |
| Restricted Performance UnitsF3,F1,F2 | — | Jan 27, 2017 | M | 235 | D | — | Jan 15, 2020 | Class A Common Stock | 235 | 708 | D |
| Restricted Performance UnitsF3,F1,F2 | — | Jan 27, 2017 | M | 323 | D | — | Jan 15, 2021 | Class A Common Stock | 323 | 1,288 | 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 106.2458 Dividend Equivalent Units acquired in the Restricted Performance Plan account between January 29, 2016 and January 26, 2017.