FORM 4 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP 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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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). |
1. Name and Address of Reporting Person*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
UNITED PARCEL SERVICE INC [ UPS ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 04/30/2003 | ||||||||||||||||||||||||||
4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction Code (Instr. 8) | 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) | 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) | 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) | |||
Code | V | Amount | (A) or (D) | Price | ||||||
Class A Common Stock | 04/21/2003 | J(1) | V | 55.21 | A | 57.87 | 142,272.5838 | D | ||
Class A Common Stock | 03/31/2003 | A(2) | V | 58.4795 | A | 51.3 | 142,217.3738 | D | ||
Class A Common Stock | 04/30/2003(3) | M | 8,593 | A | 62.09 | 150,865.5838 | D | |||
Class A Common Stock | 04/30/2003(3) | F(4) | 8,088 | D | 62.09 | 142,777.5838 | D | |||
Class A Common Stock | 04/30/2003(3) | F(5) | 505 | D | 62.09 | 142,272.5838 | D | |||
Class A Common Stock | 04/30/2003(6) | M | 6,250 | A | 62.09 | 148,522.5838 | D | |||
Class A Common Stock | 04/30/2003(6) | F(4) | 1,610 | D | 62.09 | 146,912.5838(7) | D |
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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1. Title of Derivative Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date (Month/Day/Year) | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Option to Purchase UPS Class A Common | 16 | 04/30/2003 | M | 37,638 | 08/08/1988 | 04/30/2003 | Class A Common Stock | 0.00 | $0.00 | 0.00 | D | ||||
Phantom Stock Units | 0.00(8) | 04/30/2003(3) | M(9) | 22,795 | 08/08/1988(10) | 08/08/1988(10) | Class A Common Stock | 0.00 | $0.00 | 41,062.1502 | D |
Explanation of Responses: |
1. Reflects an acquisition of shares pursuant to the Qualified Stock Ownership Plan (QSOP). |
2. Shares acquired pursuant to UPS Discounted Employee Stock Purchase Plan. |
3. The purpose of this amendment is to reflect corrected tax withholding amounts. |
4. Undersigned surrendered shares for payment of exercise price of stock option. |
5. Undersigned has elected to have UPS withhold the shares of UPS stock indicated that would otherwise be issued upon the exercise of stock option to satisfy withholding tax obligations. |
6. The purpose of this amendment is to reflect corrected Class A common stock unit holdings. |
7. In addition Spouse owns 27,042 shares. |
8. One for One |
9. Undersigned elected to defer receipt of shares of Class A common stock issuable upon exercise of stock option, resulting in the accrual of phantom stock units pursuant to the UPS Deferred Compensation Plan. |
10. The settlement date of the phantom stock generally will be the earlier of death, disability, retirement or termination of employment. |
Joseph M. Pyne | 07/24/2003 | |
** 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 4 (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. |