SEC Form 4 · accession 0001225208-18-001608
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 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 | 866 | $134.09 | A | 30,718 | D | |
| Class A Common Stock | Jan 24, 2018 | M | 673 | $134.09 | A | 31,391 | D | |
| Class A Common Stock | Jan 24, 2018 | M | 512 | $134.09 | A | 31,903 | D | |
| Class A Common Stock | Jan 24, 2018 | M | 365 | $134.09 | A | 32,267 | D | |
| Class A Common Stock | Jan 24, 2018 | M | 335 | $134.09 | A | 32,602 | D | |
| Class A Common Stock | Jan 24, 2018 | F | 175 | $134.09 | D | 32,427 | D | |
| Class A Common Stock | Jan 24, 2018 | F | 195 | $134.09 | D | 32,232 | D | |
| Class A Common Stock | Jan 24, 2018 | F | 246 | $134.09 | D | 31,986 | D | |
| Class A Common Stock | Jan 24, 2018 | F | 319 | $134.09 | D | 31,667 | D | |
| Class A Common Stock | Jan 24, 2018 | F | 416 | $134.09 | D | 31,251 | 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 | 365 | D | — | Jan 15, 2018 | Class A Common Stock | 365 | 0 | D |
| Restricted Performance UnitsF3,F1,F2 | — | Jan 24, 2018 | M | 335 | D | — | Jan 15, 2019 | Class A Common Stock | 335 | 335 | D |
| Restricted Performance UnitsF3,F1,F2 | — | Jan 24, 2018 | M | 673 | D | — | Jan 15, 2020 | Class A Common Stock | 673 | 1,345 | D |
| Restricted Performance UnitsF3,F1,F2 | — | Jan 24, 2018 | M | 866 | D | — | Jan 15, 2021 | Class A Common Stock | 866 | 2,600 | D |
| Restricted Performance UnitsF3,F1,F2 | — | Jan 24, 2018 | M | 512 | D | — | Jan 15, 2022 | Class A Common Stock | 512 | 2,047 | 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 248.2764 Dividend Equivalent Units acquired in the Restricted Performance Plan account between January 27, 2017 and January 24, 2018.