SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES


Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person*
Dykes Brian M

(Last) (First) (Middle)
55 GLENLAKE PARKWAY, NE

(Street)
ATLANTA GA 30328

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
07/09/2024
3. Issuer Name and Ticker or Trading Symbol
UNITED PARCEL SERVICE INC [ UPS ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP & Chief Financial Officer
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Class A Common Stock 11,612.2985(1) D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Option to Purchase Class A Common (2) 03/20/2034 Class A Common Stock 2,978 154.76 D
Option to Purchase Class A Common (3) 02/10/2031 Class A Common Stock 2,442 165.66 D
Option to Purchase Class A Common (4) 03/22/2033 Class A Common Stock 2,435 185.54 D
Option to Purchase Class A Common (5) 03/23/2032 Class A Common Stock 1,541 214.58 D
Restricted Stock Units (6) 03/23/2025 Class A Common Stock 2,538.4147(7) (8) D
Explanation of Responses:
1. Includes 483.2788 shares in the reporting person's 401(k) account.
2. Securities vest at the rate of 20% annually beginning on March 20, 2025.
3. Securities vest at the rate of 20% annually beginning on February 10, 2022.
4. Securities vest at the rate of 20% annually beginning on March 22, 2024.
5. Securities vest at the rate of 20% annually beginning on March 23, 2023.
6. Restricted Stock Units (RSUs) vest in March 2025.
7. Includes dividend equivalent units attributed to the RSUs.
8. RSUs will convert into shares of UPS Class A common stock on a one for one basis.
Remarks:
briandykes.txt
Michael Hanson, Power of Attorney 07/12/2024
** Signature of Reporting Person Date

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.