BROTHERS NORMAN M. JR (Sr VP, Gen Counsel & Sec) exercised options at UNITED PARCEL SERVICE INC

Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.

M · 2 exercises

BROTHERS NORMAN M. JR

Filed: 2/21/2024ACC: 0001225208-24-002646

InsiderBROTHERS NORMAN M. JRCIK 1662878

→

IssuerUNITED PARCEL SERVICE INCCIK 1090727

Officer· Sr VP, Gen Counsel & Sec

Since Jan 2016

-7.61K

Net shares

Net seller

$1.18M

Total sold

Open market trades

0B · 0S

Total transactions

24.21K acquired · 31.82K disposed

Non-Derivative Transactions6

Class A Common Stock

Direct

M · Option Exercise

+13.34K

Price / share

—

Trade value

—

% of position

31.0%

2/16/2024

43.05K→56.39K

Class A Common Stock

Direct

M · Option Exercise

+3.54K

Price / share

—

Trade value

—

% of position

6.3%

2/16/2024

56.39K→59.94K

Class A Common Stock

Direct

F · Tax Withholding

−1.59K

Price / share

$147.92

Trade value

$235.04K

% of position

2.7%

2/16/2024

59.94K→58.35K

Class A Common Stock

Direct

F · Tax Withholding

−6.02K

Price / share

$157.23

Trade value

$946.05K

% of position

10.3%

2/16/2024

58.35K→52.33K

Class A Common Stock

Direct

J · J

−7.33K

Price / share

—

Trade value

—

% of position

14.0%

2/16/2024

52.33K→45.01K

Class B Common Stock

Direct

J · J

+7.33K

Price / share

—

Trade value

—

% of position

New position

2/16/2024

0.00→7.33K

Total

Net shares

+9.28K

Net value

-$1.18M

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Class A Common Stock Direct	2/16/2024	M · Option Exercise	+13.34K	—	—	31.0%	43.05K	56.39K
Class A Common Stock Direct	2/16/2024	M · Option Exercise	+3.54K	—	—	6.3%	56.39K	59.94K
Class A Common Stock Direct	2/16/2024	F · Tax Withholding	−1.59K	$147.92	$235.04K	2.7%	59.94K	58.35K
Class A Common Stock Direct	2/16/2024	F · Tax Withholding	−6.02K	$157.23	$946.05K	10.3%	58.35K	52.33K
Class A Common Stock Direct	2/16/2024	J · J	−7.33K	—	—	14.0%	52.33K	45.01K
Class B Common Stock Direct	2/16/2024	J · J	+7.33K	—	—	New position	0.00	7.33K
Total			+9.28K		-$1.18M

Derivative Transactions2

Restricted Performance Units

Direct

M · Option Exercise

Converts to

Class A Common Stock

13.34K shares

−13.34K

Strike price

Held after

0.00

Exercisable

—

2/16/2024

Restricted Units 2023

Direct

M · Option Exercise

Converts to

Class A Common Stock

3.54K shares

−3.54K

Strike price

Held after

0.00

Exercisable

—

2/16/2024

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Restricted Performance Units Direct	Class A Common Stock13.34K shares	2/16/2024	M · Option Exercise	−13.34K		—	0.00
Restricted Units 2023 Direct	Class A Common Stock3.54K shares	2/16/2024	M · Option Exercise	−3.54K		—	0.00