SEC Form 4 · accession 0001225208-17-002000
UNITED PARCEL SERVICE INC · UPS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kathleen M. Gutmann
Officer — SVP, Sales & Solutions
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 | 842 | $114.24 | A | 29,284 | D | |
| Class A Common Stock | Jan 27, 2017 | M | 653 | $114.24 | A | 29,937 | D | |
| Class A Common Stock | Jan 27, 2017 | M | 485 | $114.24 | A | 30,422 | D | |
| Class A Common Stock | Jan 27, 2017 | M | 354 | $114.24 | A | 30,776 | D | |
| Class A Common Stock | Jan 27, 2017 | M | 325 | $114.24 | A | 31,101 | D | |
| Class A Common Stock | Jan 27, 2017 | F | 153 | $114.24 | D | 30,948 | D | |
| Class A Common Stock | Jan 27, 2017 | F | 184 | $114.24 | D | 30,764 | D | |
| Class A Common Stock | Jan 27, 2017 | F | 259 | $114.24 | D | 30,505 | D | |
| Class A Common Stock | Jan 27, 2017 | F | 311 | $114.24 | D | 30,194 | D | |
| Class A Common Stock | Jan 27, 2017 | F | 404 | $114.24 | D | 29,790 | 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 | 485 | D | — | Jan 15, 2017 | Class A Common Stock | 485 | 0 | D |
| Restricted Performance UnitsF3,F1,F2 | — | Jan 27, 2017 | M | 354 | D | — | Jan 15, 2018 | Class A Common Stock | 354 | 354 | D |
| Restricted Performance UnitsF3,F1,F2 | — | Jan 27, 2017 | M | 325 | D | — | Jan 15, 2019 | Class A Common Stock | 325 | 650 | D |
| Restricted Performance UnitsF3,F1,F2 | — | Jan 27, 2017 | M | 653 | D | — | Jan 15, 2020 | Class A Common Stock | 653 | 1,958 | D |
| Restricted Performance UnitsF3,F1,F2 | — | Jan 27, 2017 | M | 842 | D | — | Jan 15, 2021 | Class A Common Stock | 842 | 3,364 | 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 225.5881 Dividend Equivalent Units acquired in the Restricted Performance Plan account between January 29, 2016 and January 26, 2017.