SEC Form 4 · accession 0001225208-18-001607
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 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 | 1,024 | $134.09 | A | 108,129 | D | |
| Class A Common Stock | Jan 24, 2018 | M | 770 | $134.09 | A | 108,898 | D | |
| Class A Common Stock | Jan 24, 2018 | M | 738 | $134.09 | A | 109,637 | D | |
| Class A Common Stock | Jan 24, 2018 | M | 716 | $134.09 | A | 110,353 | D | |
| Class A Common Stock | Jan 24, 2018 | M | 568 | $134.09 | A | 110,921 | D | |
| Class A Common Stock | Jan 24, 2018 | F | 273 | $134.09 | D | 110,648 | D | |
| Class A Common Stock | Jan 24, 2018 | F | 341 | $134.09 | D | 110,307 | D | |
| Class A Common Stock | Jan 24, 2018 | F | 355 | $134.09 | D | 109,952 | D | |
| Class A Common Stock | Jan 24, 2018 | F | 400 | $134.09 | D | 109,552 | D | |
| Class A Common Stock | Jan 24, 2018 | F | 491 | $134.09 | D | 109,061 | 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 24, 2018 | M | 770 | D | — | Jan 15, 2018 | Class A Common Stock | 770 | 0 | D |
| Restricted Performance UnitsF3,F1,F2 | — | Jan 24, 2018 | M | 716 | D | — | Jan 15, 2019 | Class A Common Stock | 716 | 716 | D |
| Restricted Performance UnitsF3,F1,F2 | — | Jan 24, 2018 | M | 738 | D | — | Jan 15, 2020 | Class A Common Stock | 738 | 1,477 | D |
| Restricted Performance UnitsF3,F1,F2 | — | Jan 24, 2018 | M | 1,024 | D | — | Jan 15, 2021 | Class A Common Stock | 1,024 | 3,070 | D |
| Restricted Performance UnitsF3,F1,F2 | — | Jan 24, 2018 | M | 568 | D | — | Jan 15, 2022 | Class A Common Stock | 568 | 2,273 | 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 313.2386 Dividend Equivalent Units acquired in the Restricted Performance Plan account between January 27, 2017 and January 24, 2018.