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FEDEX CORP Director's Dealing 2011

Apr 1, 2011

29990_dirs_2011-04-01_95a5e6f5-a724-46f0-a7d2-6226228bca30.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FEDEX CORP (FDX)
CIK: 0001048911
Period of Report: 2011-03-31

Reporting Person: Rebholz David F (President & CEO - FedEx Ground)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2011-03-31 Common Stock J 3950 Disposed 48925 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 851 Indirect

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Incentive Stock Option (Right to Buy) $89.70 2015-06-01 Common Stock (557) 557 Direct
Incentive Stock Option (Right to Buy) $110.06 2016-06-01 Common Stock (454) 454 Direct
Incentive Stock Option (Right to Buy) $114.74 2017-07-09 Common Stock (493) 493 Direct
Incentive Stock Option (Right to Buy) $90.81 2018-06-02 Common Stock (746) 746 Direct
Non-qualified Stock Option (Right to Buy) $89.70 2015-06-01 Common Stock (8049) 8049 Direct
Non-qualified Stock Option (Right to Buy) $110.06 2016-06-01 Common Stock (6431) 6431 Direct
Non-qualified Stock Option (Right to Buy) $114.74 2017-07-09 Common Stock (6618) 6618 Direct
Non-qualified Stock Option (Right to Buy) $90.81 2018-06-02 Common Stock (8280) 8280 Direct
Non-qualified Stock Option (Right to Buy) $56.31 2019-06-08 Common Stock (14113) 14113 Direct
Non-qualified Stock Option (Right to Buy) $78.19 2020-06-07 Common Stock (13979) 13979 Direct

Footnotes

F1: Since the date of the reporting person's last ownership report, he transferred 3,950 shares of FedEx common stock and the economic benefit of 38,778 employee stock options to his ex-wife pursuant to a domestic relations order, and he no longer reports as beneficially owned these transferred securities. Additionally, a total of 5,100 shares of FedEx common stock will be transferred to the reporting person's ex-wife as the restrictions lapse on shares issued pursuant to restricted stock grants dated July 9, 2007, June 2, 2008, June 8, 2009 and June 7, 2010, and the shares will be removed from the reporting person's beneficial ownership at the time of transfer.

F2: Ownership has been adjusted to reflect dividend paid to all holders of record.

F3: These options first exercisable one year from date of grant.