SEC Form 4 · accession 0001225208-19-001300
UNITED PARCEL SERVICE INC · UPS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
George Willis
Officer — President, US Operations
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 | 449 | $0.00 | A | 2,240 | D | |
| Class A Common StockF1 | Jan 23, 2019 | M | 343 | $0.00 | A | 2,583 | D | |
| Class A Common StockF1 | Jan 23, 2019 | M | 306 | $0.00 | A | 2,889 | D | |
| Class A Common StockF1 | Jan 23, 2019 | M | 290 | $0.00 | A | 3,179 | D | |
| Class A Common StockF1 | Jan 23, 2019 | M | 276 | $0.00 | A | 3,455 | D | |
| Class A Common StockF1 | Jan 23, 2019 | F | 147 | $97.56 | D | 3,308 | D | |
| Class A Common StockF1 | Jan 23, 2019 | F | 157 | $97.56 | D | 3,151 | D | |
| Class A Common StockF1 | Jan 23, 2019 | F | 158 | $97.56 | D | 2,993 | D | |
| Class A Common StockF1 | Jan 23, 2019 | F | 179 | $97.56 | D | 2,814 | D | |
| Class A Common StockF1 | Jan 23, 2019 | F | 256 | $97.56 | D | 2,558 | 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 | 276 | D | — | Jan 15, 2019 | Class A Common Stock | 276 | 0 | D |
| Restricted Performance UnitsF4,F2,F3 | — | Jan 23, 2019 | M | 306 | D | — | Jan 15, 2020 | Class A Common Stock | 306 | 307 | D |
| Restricted Performance UnitsF4,F2,F3 | — | Jan 23, 2019 | M | 449 | D | — | Jan 15, 2021 | Class A Common Stock | 449 | 898 | D |
| Restricted Performance UnitsF4,F2,F3 | — | Jan 23, 2019 | M | 290 | D | — | Jan 15, 2022 | Class A Common Stock | 290 | 870 | D |
| Restricted Performance UnitsF4,F2,F3 | — | Jan 23, 2019 | M | 343 | D | — | Jan 15, 2023 | Class A Common Stock | 343 | 1,369 | D |
Explanation of responses
- F1Includes 44.4899 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.