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UNITED PARCEL SERVICE INC — Director's Dealing 2016
May 16, 2016
29932_dirs_2016-05-16_18916051-a9f5-41c7-88ee-f563a974b940.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: UNITED PARCEL SERVICE INC (UPS)
CIK: 0001090727
Period of Report: 2016-05-13
Reporting Person: ABNEY DAVID P (Director, Chairman and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-05-13 | Class A Common Stock | M | 1389.3248 | $103.1100 | Acquired | 167536.0342 | Direct |
| 2016-05-13 | Class A Common Stock | F | 667.0000 | $103.1100 | Disposed | 166869.0342 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-05-13 | Restricted Performance Units | $ | M | 1389.3248 | Disposed | 2016-05-04 | Class A Common Stock (1389.3248) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class A Common Stock | 26500.0000 | Indirect |
Footnotes
F1: Includes 60.9664 shares acquired in the Reporting Person's 401(k) account between March 12, 2016 and May 13, 2016.
F2: Represents Restricted Performance Units (RPUs) granted as Long-term Incentive Plan Unit Awards under the United Parcel Service, Inc. Incentive Compensation Plan. Each RPU represents a right to receive one share of class A common stock.
F3: RPUs were granted on May 4, 2011 and vest at the rate of 20% annually beginning on May 4th of each year during the vesting period. Securities were converted into shares of class A common stock and distributed to the Reporting Person on May 13, 2016.
F4: Includes 40.3248 Dividend Equivalent Units acquired in the Long-Term Incentive Plan account between May 16, 2015 and May 13, 2016.