FEDEX CORP — Director's Dealing 2012

Dec 26, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FEDEX CORP (FDX)
CIK: 0001048911
Period of Report: 2012-12-20

Reporting Person: GLENN T MICHAEL (EVP MKT DEVEL/CORP COMM)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-12-20	Common Stock	M	1549	$64.53	Acquired	129833	Direct
2012-12-20	Common Stock	M	63451	$64.53	Acquired	193284	Direct
2012-12-20	Common Stock	S	65000	$92.9432	Disposed	128284	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-12-20	Incentive Stock Option (Right to Buy)	$64.53	M	1549	Disposed	2013-06-02	Common Stock (1549)	Direct
2012-12-20	Non-qualified Stock Option (Right to Buy)	$64.53	M	63451	Disposed	2013-06-02	Common Stock (63451)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	88750	Indirect
Common Stock	559	Indirect

Footnotes

F1: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $92.7958 to $93.07, inclusive. The reporting person undertakes to provide to FedEx Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.

F2: The reporting person disclaims beneficial ownership of FedEx common stock held by Glenn Family Partners except to the extent of his pecuniary interest therein.

F3: Ownership has been adjusted to reflect dividend paid to all holders of record.

F4: These options first exercisable one year from date of grant.