SEC Form 4 · accession 0001225208-18-001603
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 24, 2018
Accepted (ET)
Jan 26, 2018 · 4:16 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 24, 2018 | M | 2,701 | $134.09 | A | 163,182 | D | |
| Class A Common Stock | Jan 24, 2018 | M | 1,990 | $134.09 | A | 165,172 | D | |
| Class A Common Stock | Jan 24, 2018 | M | 1,483 | $134.09 | A | 166,655 | D | |
| Class A Common Stock | Jan 24, 2018 | M | 873 | $134.09 | A | 167,528 | D | |
| Class A Common Stock | Jan 24, 2018 | M | 794 | $134.09 | A | 168,322 | D | |
| Class A Common Stock | Jan 24, 2018 | F | 381 | $134.09 | D | 167,941 | D | |
| Class A Common Stock | Jan 24, 2018 | F | 425 | $134.09 | D | 167,516 | D | |
| Class A Common Stock | Jan 24, 2018 | F | 712 | $134.09 | D | 166,804 | D | |
| Class A Common Stock | Jan 24, 2018 | F | 955 | $134.09 | D | 165,849 | D | |
| Class A Common Stock | Jan 24, 2018 | F | 1,295 | $134.09 | D | 164,554 | 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 24, 2018 | M | 873 | D | — | Jan 15, 2018 | Class A Common Stock | 873 | 0 | D |
| Restricted Performance UnitsF3,F1,F2 | — | Jan 24, 2018 | M | 794 | D | — | Jan 15, 2019 | Class A Common Stock | 794 | 793 | D |
| Restricted Performance UnitsF3,F1,F2 | — | Jan 24, 2018 | M | 1,990 | D | — | Jan 15, 2020 | Class A Common Stock | 1,990 | 3,980 | D |
| Restricted Performance UnitsF3,F1,F2 | — | Jan 24, 2018 | M | 2,701 | D | — | Jan 15, 2021 | Class A Common Stock | 2,701 | 8,102 | D |
| Restricted Performance UnitsF3,F1,F2 | — | Jan 24, 2018 | M | 1,483 | D | — | Jan 15, 2022 | Class A Common Stock | 1,483 | 5,936 | 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 729.6789 Dividend Equivalent Units acquired in the Restricted Performance Plan account between January 27, 2017 and January 24, 2018.