SEC Form 4 · accession 0001225208-17-001999
UNITED PARCEL SERVICE INC · UPS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Myron A Gray
Officer — President, US Operations
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 6, 2017 | G | 43 | $0.00 | D | 100,481 | D | |
| Class A Common Stock | Jan 27, 2017 | M | 1,097 | $114.24 | A | 101,578 | D | |
| Class A Common Stock | Jan 27, 2017 | M | 994 | $114.24 | A | 102,572 | D | |
| Class A Common Stock | Jan 27, 2017 | M | 748 | $114.24 | A | 103,320 | D | |
| Class A Common Stock | Jan 27, 2017 | M | 716 | $114.24 | A | 104,036 | D | |
| Class A Common Stock | Jan 27, 2017 | M | 696 | $114.24 | A | 104,732 | D | |
| Class A Common Stock | Jan 27, 2017 | F | 334 | $114.24 | D | 104,398 | D | |
| Class A Common Stock | Jan 27, 2017 | F | 344 | $114.24 | D | 104,054 | D | |
| Class A Common Stock | Jan 27, 2017 | F | 357 | $114.24 | D | 103,697 | D | |
| Class A Common Stock | Jan 27, 2017 | F | 477 | $114.24 | D | 103,220 | D | |
| Class A Common Stock | Jan 27, 2017 | F | 561 | $114.24 | D | 102,659 | 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 | 1,097 | D | — | Jan 15, 2017 | Class A Common Stock | 1,097 | 0 | D |
| Restricted Performance UnitsF3,F1,F2 | — | Jan 27, 2017 | M | 748 | D | — | Jan 15, 2018 | Class A Common Stock | 748 | 747 | D |
| Restricted Performance UnitsF3,F1,F2 | — | Jan 27, 2017 | M | 696 | D | — | Jan 15, 2019 | Class A Common Stock | 696 | 1,390 | D |
| Restricted Performance UnitsF3,F1,F2 | — | Jan 27, 2017 | M | 716 | D | — | Jan 15, 2020 | Class A Common Stock | 716 | 2,150 | D |
| Restricted Performance UnitsF3,F1,F2 | — | Jan 27, 2017 | M | 994 | D | — | Jan 15, 2021 | Class A Common Stock | 994 | 3,973 | 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 320.8249 Dividend Equivalent Units acquired in the Restricted Performance Plan account between January 29, 2016 and January 26, 2017.