SEC Form 4 · accession 0001225208-18-005121
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
Mar 1, 2018
Accepted (ET)
Mar 2, 2018 · 4:09 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001090727
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option to Purchase UPS Class A CommonF1 | $106.43 | Mar 1, 2018 | A | 18,745 | A | — | Mar 1, 2028 | Class A Common Stock | 18,745 | 18,745 | D |
| Restricted Performance UnitsF2,F3 | — | Mar 1, 2018 | A | 3,975 | A | — | Jan 15, 2023 | Class A Common Stock | 3,975 | 3,975 | D |
| Restricted Performance UnitsF4,F5 | — | Mar 1, 2018 | A | 11,473 | A | Dec 31, 2017 | Dec 31, 2017 | Class A Common Stock | 11,473 | 11,473 | D |
Explanation of responses
- F1Securities vest at the rate of 20% annually beginning March 1, 2019.
- 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.
- F3Securities vest at the rate of 20% annually beginning January 15, 2019.
- F4Represents Restricted Performance Units (RPUs) granted as Long-Term Incentive Performance Awards under the United Parcel Service, Inc. Incentive Compensation Plan. Each RPU represents the right to receive one share of Class A common stock.
- F5Includes 1,043.49 Dividend Equivalent Units.