SEC Form 4 · accession 0001225208-18-001606
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 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 | 1,063 | $134.09 | A | 92,857 | D | |
| Class A Common Stock | Jan 24, 2018 | M | 860 | $134.09 | A | 93,717 | D | |
| Class A Common Stock | Jan 24, 2018 | M | 768 | $134.09 | A | 94,485 | D | |
| Class A Common Stock | Jan 24, 2018 | M | 709 | $134.09 | A | 95,194 | D | |
| Class A Common Stock | Jan 24, 2018 | M | 704 | $134.09 | A | 95,898 | D | |
| Class A Common Stock | Jan 24, 2018 | F | 337 | $134.09 | D | 95,561 | D | |
| Class A Common Stock | Jan 24, 2018 | F | 338 | $134.09 | D | 95,223 | D | |
| Class A Common Stock | Jan 24, 2018 | F | 399 | $134.09 | D | 94,824 | D | |
| Class A Common Stock | Jan 24, 2018 | F | 413 | $134.09 | D | 94,411 | D | |
| Class A Common StockF1 | Jan 24, 2018 | F | 510 | $134.09 | D | 93,901 | 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 UnitsF4,F2,F3 | — | Jan 24, 2018 | M | 768 | D | — | Jan 15, 2018 | Class A Common Stock | 768 | 0 | D |
| Restricted Performance UnitsF4,F2,F3 | — | Jan 24, 2018 | M | 709 | D | — | Jan 15, 2019 | Class A Common Stock | 709 | 709 | D |
| Restricted Performance UnitsF4,F2,F3 | — | Jan 24, 2018 | M | 860 | D | — | Jan 15, 2020 | Class A Common Stock | 860 | 1,721 | D |
| Restricted Performance UnitsF4,F2,F3 | — | Jan 24, 2018 | M | 1,063 | D | — | Jan 15, 2021 | Class A Common Stock | 1,063 | 3,189 | D |
| Restricted Performance UnitsF4,F2,F3 | — | Jan 24, 2018 | M | 704 | D | — | Jan 15, 2022 | Class A Common Stock | 704 | 2,812 | D |
Explanation of responses
- F1Includes 14.9188 shares acquired in the Reporting Person's 401(k) account between November 11, 2017 and January 24, 2018.
- F2Represents 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.
- F3RPUs vest at the rate of 20% on January 15th of each year during the vesting period.
- F4Includes 342.9856 Dividend Equivalent Units acquired in the Restricted Performance Plan account between January 27, 2017 and January 24, 2018.