BEYSTEHNER JOHN J 4
4 · UNITED PARCEL SERVICE INC · Filed Oct 30, 2006
Insider Transaction Report
Form 4
BEYSTEHNER JOHN J
Senior
Transactions
- Exercise/Conversion
Class A Common Stock
2006-10-27+351.305→ 123,655.162 total - Tax Payment
Class A Common Stock
2006-10-27$73.40/sh−113.999$8,367→ 123,541.164 total - Exercise/Conversion
Restricted Stock Units
2006-10-27−351.305→ 1,408 totalExercise: $0.00→ Class A Common Stock (351.305 underlying) - Award
Restricted Stock Units
2006-10-30$74.87/sh+1,265$94,711→ 2,673 totalExercise: $0.00→ Class A Common Stock (1,265 underlying)
Holdings
- 2,456(indirect: By Children)
Class A Common Stock
- 782(indirect: By Children)
Class B Common Stock
- 2,440(indirect: By Children)
Class A Common Stock
- 33,218(indirect: By Spouse)
Class A Common Stock
Footnotes (5)
- [F1]One restricted stock unit is equivalent to one shares of stock. Restricted stock unit vested as to 20% of the aggregate grant made in October of each year. On the vesting date (the Transaction Date), the vested portion of the restricted stock unit is converted into an equal number of shares of issuer common stock.
- [F2]Shares withheld to satisfy tax withholding obligations.
- [F3]Aggregate grant of restricted stock grant previously reported at the original grant date. Restricted stock grant vests at the rate of 20% on the first anniversary date and on each anniversary date thereafter.
- [F4]One for One
- [F5]20% of the restricted stock units vest on specified dates and on each anniversary date thereafter.