SEC Form 4 · accession 0001225208-17-001998
UNITED PARCEL SERVICE INC · UPS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Alan Gershenhorn
Officer — EVP, Chief Commercial Officer
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 | 1,094 | $114.24 | A | 99,693 | D | |
| Class A Common Stock | Jan 27, 2017 | M | 1,032 | $114.24 | A | 100,725 | D | |
| Class A Common Stock | Jan 27, 2017 | M | 835 | $114.24 | A | 101,559 | D | |
| Class A Common Stock | Jan 27, 2017 | M | 746 | $114.24 | A | 102,305 | D | |
| Class A Common Stock | Jan 27, 2017 | M | 687 | $114.24 | A | 102,992 | D | |
| Class A Common Stock | Jan 27, 2017 | F | 330 | $114.24 | D | 102,662 | D | |
| Class A Common Stock | Jan 27, 2017 | F | 356 | $114.24 | D | 102,306 | D | |
| Class A Common Stock | Jan 27, 2017 | F | 401 | $114.24 | D | 101,905 | D | |
| Class A Common Stock | Jan 27, 2017 | F | 495 | $114.24 | D | 101,410 | D | |
| Class A Common Stock | Jan 27, 2017 | F | 559 | $114.24 | D | 100,851 | D | |
| Class A Common Stock | holding | — | — | — | 482 | 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 | 1,094 | D | — | Jan 15, 2017 | Class A Common Stock | 1,094 | 0 | D |
| Restricted Performance UnitsF3,F1,F2 | — | Jan 27, 2017 | M | 746 | D | — | Jan 15, 2018 | Class A Common Stock | 746 | 745 | D |
| Restricted Performance UnitsF3,F1,F2 | — | Jan 27, 2017 | M | 687 | D | — | Jan 15, 2019 | Class A Common Stock | 687 | 1,376 | D |
| Restricted Performance UnitsF3,F1,F2 | — | Jan 27, 2017 | M | 835 | D | — | Jan 15, 2020 | Class A Common Stock | 835 | 2,505 | D |
| Restricted Performance UnitsF3,F1,F2 | — | Jan 27, 2017 | M | 1,032 | D | — | Jan 15, 2021 | Class A Common Stock | 1,032 | 4,127 | 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 337.5822 Dividend Equivalent Units acquired in the Restricted Performance Plan account between January 29, 2016 and January 26, 2017.