FEDEX CORP — Director's Dealing 2012

Jan 11, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FEDEX CORP (FDX)
CIK: 0001048911
Period of Report: 2012-01-10

Reporting Person: Logue William J (President/CEO - FedEx Freight)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-01-10	Common Stock	M	5000	$64.53	Acquired	35869	Direct
2012-01-10	Common Stock	S	5000	$88.9518	Disposed	30869	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-01-10	Non-qualified Stock Option (Right to Buy)	$64.53	M	5000	Disposed	2013-06-02	Common Stock (5000)	Direct

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.