PRICING SUPPLEMENT Registration No. 333-08369-01 Filed Pursuant to Rule 424(b)(2) United Parcel Service, Inc. UPS Notes -------------------------------------------------------------------------------- Pricing Supplement No. 14 Trade Date: 04/15/02 (To Prospectus dated March 22, 2000 and Issue Date: 04/18/02 Prospectus Supplement dated December 20, 2001) The date of this Pricing Supplement is April 16, 2002 CUSIP or Common Code Principal Amount Interest Rate Maturity Date Price to Public ----------- ---------------- ------------- ------------- --------------- 91131UDL5 $6,092,000.00 5.00% 04/15/08 100% Interest Payment Frequency Subject to Dates and terms of redemption (begin date) Survivor's Option Redemption (including the redemption price) ------------- ----------------- ---------- -------------------------------- 10/15/02 Yes Yes 100% 04/15/03 semi-annually semi-annually thereafter Discounts and Proceeds to UPS Commissions Reallowance Dealer Other Terms --------------- ----------- ----------- ------ ----------- $6,009,758.00 $82,242.00 $1.75 ABN AMRO Financial Services, Inc.