UNITED PARCEL SERVICE INC — Director's Dealing 2021

Feb 19, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: UNITED PARCEL SERVICE INC (UPS)
CIK: 0001090727
Period of Report: 2021-02-19

Reporting Person: Cesarone Nando (President, US Operations)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-02-19	Class A Common Stock	M	22570.0000	$0.0000	Acquired	26581.5835	Direct
2021-02-19	Class A Common Stock	M	1993.1660	$0.0000	Acquired	28574.7495	Direct
2021-02-19	Class A Common Stock	F	899.0000	$163.3900	Disposed	27675.7495	Direct
2021-02-19	Class A Common Stock	F	10180.0000	$168.4000	Disposed	17495.7495	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-02-19	Restricted Performance Units	$	M	22570.0000	Disposed		Class A Common Stock (22570.0000)	Direct
2021-02-19	Restricted Units	$	M	1993.1660	Disposed		Class A Common Stock (1993.1660)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class B Common Stock	1.0000	Direct

Footnotes

F1: Includes 172.5544 shares in the Reporting Person's 401(k) account.

F2: Includes dividend equivalent units attributable to the restricted units prior to conversion.

F3: One unit is equivalent to one share of UPS Class A common stock.

F4: The RPUs were vested when earned on February 10, 2021.

F5: The restricted units vested one year after the date of grant.