SEC Form 4 · accession 0001225208-19-001290
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 23, 2019
Accepted (ET)
Jan 25, 2019 · 5:10 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 StockF1 | Jan 23, 2019 | M | 2,788 | $0.00 | A | 197,437 | D | |
| Class A Common StockF1 | Jan 23, 2019 | M | 2,586 | $0.00 | A | 200,023 | D | |
| Class A Common StockF1 | Jan 23, 2019 | M | 2,055 | $0.00 | A | 202,077 | D | |
| Class A Common StockF1 | Jan 23, 2019 | M | 1,532 | $0.00 | A | 203,609 | D | |
| Class A Common StockF1 | Jan 23, 2019 | M | 819 | $0.00 | A | 204,428 | D | |
| Class A Common StockF1 | Jan 23, 2019 | F | 370 | $97.56 | D | 204,058 | D | |
| Class A Common StockF1 | Jan 23, 2019 | F | 691 | $97.56 | D | 203,367 | D | |
| Class A Common StockF1 | Jan 23, 2019 | F | 927 | $97.56 | D | 202,440 | D | |
| Class A Common StockF1 | Jan 23, 2019 | F | 1,167 | $97.56 | D | 201,273 | D | |
| Class A Common StockF1 | Jan 23, 2019 | F | 1,267 | $97.56 | D | 200,006 | D | |
| Class B Common Stock | holding | — | — | — | 1,452 | 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 UnitsF2,F3 | — | Jan 23, 2019 | M | 819 | D | — | Jan 15, 2019 | Class A Common Stock | 819 | 0 | D |
| Restricted Performance UnitsF4,F2,F3 | — | Jan 23, 2019 | M | 2,055 | D | — | Jan 15, 2020 | Class A Common Stock | 2,055 | 2,054 | D |
| Restricted Performance UnitsF4,F2,F3 | — | Jan 23, 2019 | M | 2,788 | D | — | Jan 15, 2021 | Class A Common Stock | 2,788 | 5,576 | D |
| Restricted Performance UnitsF4,F2,F3 | — | Jan 23, 2019 | M | 1,532 | D | — | Jan 15, 2022 | Class A Common Stock | 1,532 | 4,596 | D |
| Restricted Performance UnitsF4,F2,F3 | — | Jan 23, 2019 | M | 2,586 | D | — | Jan 15, 2023 | Class A Common Stock | 2,586 | 10,344 | D |
Explanation of responses
- F1Includes 2,291.4757 shares in the Reporting Person's 401(k) account.
- 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 ratably over five years from the date of grant.
- F4Includes dividend equivalent units attributed to the RPUs.