UNITED PARCEL SERVICE INC — Director's Dealing 2021

Jan 29, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: UNITED PARCEL SERVICE INC (UPS)
CIK: 0001090727
Period of Report: 2021-01-27

Reporting Person: WARREN KEVIN M (Chief Marketing Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-01-27	Class A Common Stock	M	9020.9371	$0.0000	Acquired	24749.8816	Direct
2021-01-27	Class A Common Stock	F	3152.0000	$158.9000	Disposed	21597.8816	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-01-27	Restricted Stock Units	$	M	9020.9371	Disposed	2021-01-15	Class A Common Stock (9020.9371)	Direct

Footnotes

F1: Includes 179.5914 shares in the Reporting Person's 401(k) account.

F2: Represents Restricted Stock Units (RSUs) granted under the United Parcel Service, Inc. Incentive Compensation Plan. These RSUs will convert into shares of UPS Class A common stock on a one for one basis.

F3: RSUs vest at the rate of one-third per year on each of the first three anniversaries following the grant date.