SEC Form 4 · accession 0001225208-19-001294
UNITED PARCEL SERVICE INC · UPS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Norman M. Brothers Jr.
Officer — SVP, General Counsel & Sec
Period of report
Jan 23, 2019
Accepted (ET)
Jan 25, 2019 · 5:11 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 | 840 | $0.00 | A | 17,771 | D | |
| Class A Common StockF1 | Jan 23, 2019 | M | 571 | $0.00 | A | 18,342 | D | |
| Class A Common StockF1 | Jan 23, 2019 | M | 342 | $0.00 | A | 18,685 | D | |
| Class A Common StockF1 | Jan 23, 2019 | M | 253 | $0.00 | A | 18,938 | D | |
| Class A Common StockF1 | Jan 23, 2019 | M | 251 | $0.00 | A | 19,188 | D | |
| Class A Common StockF1 | Jan 23, 2019 | F | 127 | $97.56 | D | 19,061 | D | |
| Class A Common StockF1 | Jan 23, 2019 | F | 128 | $97.56 | D | 18,933 | D | |
| Class A Common StockF1 | Jan 23, 2019 | F | 173 | $97.56 | D | 18,760 | D | |
| Class A Common StockF1 | Jan 23, 2019 | F | 258 | $97.56 | D | 18,502 | D | |
| Class A Common StockF1 | Jan 23, 2019 | F | 377 | $97.56 | D | 18,125 | 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 UnitsF2,F3 | — | Jan 23, 2019 | M | 253 | D | — | Jan 15, 2019 | Class A Common Stock | 253 | 0 | D |
| Restricted Performance UnitsF4,F2,F3 | — | Jan 23, 2019 | M | 251 | D | — | Jan 15, 2020 | Class A Common Stock | 251 | 251 | D |
| Restricted Performance UnitsF4,F2,F3 | — | Jan 23, 2019 | M | 342 | D | — | Jan 15, 2021 | Class A Common Stock | 342 | 686 | D |
| Restricted Performance UnitsF4,F2,F3 | — | Jan 23, 2019 | M | 571 | D | — | Jan 15, 2022 | Class A Common Stock | 571 | 1,713 | D |
| Restricted Performance UnitsF4,F2,F3 | — | Jan 23, 2019 | M | 840 | D | — | Jan 15, 2023 | Class A Common Stock | 840 | 3,357 | D |
Explanation of responses
- F1Includes 279.4032 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.