WARREN KEVIN M (Chief Marketing Officer) 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

WARREN KEVIN M

Filed: 2/22/2023ACC: 0001225208-23-002556

InsiderWARREN KEVIN MCIK 1495787

→

IssuerUNITED PARCEL SERVICE INCCIK 1090727

Officer· Chief Marketing Officer

Since Aug 2018

-21.72K

Net shares

Net seller

$3.80M

Total sold

Open market trades

0B · 0S

Total transactions

48.16K acquired · 69.88K disposed

Non-Derivative Transactions4

Class A Common Stock

Direct

M · Option Exercise

+44.01K

Price / share

—

Trade value

—

% of position

331.1%

2/17/2023

13.29K→57.30K

Class A Common Stock

Direct

M · Option Exercise

+4.15K

Price / share

—

Trade value

—

% of position

7.3%

2/17/2023

57.30K→61.45K

Class A Common Stock

Direct

F · Tax Withholding

−1.87K

Price / share

$184.75

Trade value

$346.22K

% of position

3.0%

2/17/2023

61.45K→59.58K

Class A Common Stock

Direct

F · Tax Withholding

−19.85K

Price / share

$173.84

Trade value

$3.45M

% of position

33.3%

2/17/2023

59.58K→39.73K

Total

Net shares

+26.44K

Net value

-$3.80M

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Class A Common Stock Direct	2/17/2023	M · Option Exercise	+44.01K	—	—	331.1%	13.29K	57.30K
Class A Common Stock Direct	2/17/2023	M · Option Exercise	+4.15K	—	—	7.3%	57.30K	61.45K
Class A Common Stock Direct	2/17/2023	F · Tax Withholding	−1.87K	$184.75	$346.22K	3.0%	61.45K	59.58K
Class A Common Stock Direct	2/17/2023	F · Tax Withholding	−19.85K	$173.84	$3.45M	33.3%	59.58K	39.73K
Total			+26.44K		-$3.80M

Derivative Transactions2

Restricted Performance Units

Direct

M · Option Exercise

Converts to

Class A Common Stock

44.01K shares

−44.01K

Strike price

Held after

0.00

Exercisable

—

2/17/2023

Restricted Units 2022

Direct

M · Option Exercise

Converts to

Class A Common Stock

4.15K shares

−4.15K

Strike price

Held after

0.00

Exercisable

—

2/17/2023

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Restricted Performance Units Direct	Class A Common Stock44.01K shares	2/17/2023	M · Option Exercise	−44.01K		—	0.00
Restricted Units 2022 Direct	Class A Common Stock4.15K shares	2/17/2023	M · Option Exercise	−4.15K		—	0.00

Non-Derivative Holdings (Post-Transaction)2

Class A Common Stock

Indirect

Shares owned13.70K

Class B Common Stock

Direct

Shares owned5.35K

Total

5.35K direct·13.70K indirect19.05K

Security Title	Shares Owned	Ownership Type
Class A Common Stock	13.70K	Indirect
Class B Common Stock	5.35K	Direct
Total	19.05K	5.35K direct·13.70K indirect

Derivative Holdings (Post-Transaction)0

No derivative holdings reported