FEDEX CORP — Director's Dealing 2011

Jun 8, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FEDEX CORP (FDX)
CIK: 0001048911
Period of Report: 2011-06-06

Reporting Person: GRAF ALAN B JR (EVP CHIEF FINANCIAL OFF)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-06-06	Common Stock	A	7000	—	Acquired	223990	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-06-06	Non-qualified Stock Option (Right to Buy)	$89.105	A	21480	Acquired	2021-06-06	Common Stock (21480)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	7400	Indirect
Common Stock	432	Indirect

Footnotes

F1: Ownership has been adjusted to reflect dividend paid to all holders of record.

F2: These options first exercisable one year from date of grant.