UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of The

Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): May 3, 2012

 

 

United Parcel Service, Inc.

(Exact name of registrant as specified in its charter)

 

 

 

Delaware   001-15451   58-2480149

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification No.)

55 Glenlake Parkway, N.E., Atlanta, Georgia   30328
(Address of principal executive offices)   (Zip Code)

Registrant’s telephone number, including area code (404) 828-6000

Not Applicable

(Former name or former address, if changed since last report)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 


Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

As described below under Item 5.07, shareowners approved the 2012 Omnibus Incentive Compensation Plan and the amendment to the Discounted Employee Stock Purchase Plan on May 3, 2012. A description of the material terms of each plan are set forth under the headings “Proposal 3—Approval of the 2012 Omnibus Incentive Compensation Plan” and “Proposal 4—Approval of the Amendment to the Discounted Employee Stock Purchase Plan” in the proxy statement filed with the Securities and Exchange Commission on March 12, 2012, which descriptions are hereby incorporated into this Item 5.02 by reference. The 2012 Omnibus Incentive Compensation Plan is incorporated by reference in Exhibit 10.1 to this Current Report on Form 8-K. Amendment Number Three to the United Parcel Service, Inc. Discounted Employee Stock Purchase Plan is attached hereto as Exhibit 10.2.

Item 5.07 Submission of Matters to a Vote of Security Holders.

On May 3, 2012, we held our annual meeting of shareowners. Proxies for the meeting were solicited pursuant to Regulation 14A under the Securities Exchange Act of 1934. The following matters were submitted to a vote of the shareowners.

Election of Directors:

Votes regarding the election of 12 directors for a term expiring in 2013 were as follows:

 

Election of Directors:    For      Against      Abstentions      Broker
Non-Votes
 

F. Duane Ackerman

     1,896,372,553         93,555,520         41,714,725         112,233,909   

Michael J. Burns

     1,947,694,101         43,786,692         40,162,005         112,233,909   

D. Scott Davis

     1,927,886,360         74,860,946         28,895,492         112,233,909   

Stuart E. Eizenstat

     1,928,178,561         62,754,607         40,709,630         112,233,909   

Michael L. Eskew

     1,945,923,862         49,463,080         36,255,856         112,233,909   

William R. Johnson

     1,935,639,963         56,033,023         39,969,812         112,233,909   

Candace Kendle

     1,939,769,962         52,516,718         39,356,118         112,233,909   

Ann M. Livermore

     1,924,847,182         66,478,456         40,317,160         112,233,909   

Rudy H.P. Markham

     1,904,854,147         85,503,485         41,285,166         112,233,909   

Clark T. Randt, Jr.

     1,941,150,496         49,476,842         41,015,460         112,233,909   

John W. Thompson

     1,933,720,059         58,966,014         38,956,725         112,233,909   

Carol B. Tomé

     1,951,799,077         49,164,133         30,679,588         112,233,909   

Under our Bylaws, each of the directors was elected, having received more votes “for” than “against.”

Ratification of Accountants:

Votes regarding the proposal to ratify the appointment of Deloitte & Touche LLP as our independent registered public accountants for the year ending December 31, 2012 were as follows:

 

     For      Against      Abstentions  

Ratify the appointment of Deloitte & Touche LLP

     2,085,194,012         35,142,015         23,540,680   

The proposal passed.

Approval of 2012 Omnibus Incentive Compensation Plan:

Votes regarding the proposal to approve the 2012 Omnibus Incentive Compensation Plan were as follows:

 

     For      Against      Abstentions      Broker
Non-Votes
 

Approve the 2012 Omnibus Incentive Compensation Plan

     1,844,241,870         126,320,753         61,080,175         112,233,909   

The proposal passed.


Approval of Amendment to the Discounted Employee Stock Purchase Plan:

Votes regarding the proposal to approve an amendment to the Discounted Employee Stock Purchase Plan were as follows:

 

     For      Against      Abstentions      Broker
Non-Votes
 

Approve an amendment to the Discounted Employee Stock Purchase Plan

     1,921,661,702         64,603,831         45,377,265         112,233,909   

The proposal passed.

Shareowner Proposal:

Votes on a shareowner proposal regarding lobbying disclosure were as follows:

 

     For      Against      Abstentions      Broker
Non-Votes
 

Shareowner proposal

     317,261,757         1,564,551,977         149,829,064         112,233,909   

The proposal did not pass.

Item 9.01 Financial Statements and Exhibits

 

  (d) Exhibits

 

10.1    2012 Omnibus Incentive Compensation Plan, included as Annex A to the proxy statement filed on March 12, 2012, and incorporated herein by reference.
10.2    Amendment Number Three to the United Parcel Service, Inc. Discounted Employee Stock Purchase Plan, as amended and restated.


Signatures

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

      UNITED PARCEL SERVICE, INC.
Date: May 7, 2012   By:    

/s/ Teri P. McClure

      Teri P. McClure
      Senior Vice President, General Counsel and Corporate Secretary