Edgar Filing: UNITED PARCEL SERVICE INC

UNITED PARCEL SERVICE, INC.

Date: May 7, 2012

/s/ Teri P. McClure

Teri P. McClure

Senior Vice President, General Counsel and Corporate Secretary

8-K

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.