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UNITED PARCEL SERVICE INC Director's Dealing 2016

Feb 1, 2016

29932_dirs_2016-02-01_69aa6ae7-ab4d-49a5-9b79-9b87b3a8df26.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: 2016-01-29

Reporting Person: Wallace Mark R. (Senior Vice President)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2016-01-29 Class A Common Stock M 342.5736 $90.0400 Acquired 16459.9344 Direct
2016-01-29 Class A Common Stock M 292.4392 $90.0400 Acquired 16752.3736 Direct
2016-01-29 Class A Common Stock M 250.4545 $90.0400 Acquired 17002.8281 Direct
2016-01-29 Class A Common Stock M 234.7447 $90.0400 Acquired 17237.5728 Direct
2016-01-29 Class A Common Stock F 91.0000 $90.0400 Disposed 17146.5728 Direct
2016-01-29 Class A Common Stock F 97.0000 $90.0400 Disposed 17049.5728 Direct
2016-01-29 Class A Common Stock F 102.0000 $90.0400 Disposed 16947.5728 Direct
2016-01-29 Class A Common Stock F 133.0000 $90.0400 Disposed 16814.5728 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2016-01-29 Restricted Performance Units $ M 342.5736 Disposed 2017-01-15 Class A Common Stock (342.5736) Direct
2016-01-29 Restricted Performance Units $ M 250.4545 Disposed 2018-01-15 Class A Common Stock (250.4545) Direct
2016-01-29 Restricted Performance Units $ M 234.7447 Disposed 2019-01-15 Class A Common Stock (234.7447) Direct
2016-01-29 Restricted Performance Units $ M 292.4392 Disposed 2020-01-15 Class A Common Stock (292.4392) Direct

Footnotes

F1: Includes 12.5217 shares acquired in the Reporting Person's 401(k) account between December 2, 2015 and January 28, 2016.

F2: Represents 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.

F3: RPUs vest at the rate of 20% on January 15th of each year during the vesting period.

F4: Includes 99.2120 Dividend Equivalent Units acquired in the Restricted Performance Plan account between January 30, 2015 and January 28, 2016.