FEDEX CORP — Director's Dealing 2012

Jan 17, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FEDEX CORP (FDX)
CIK: 0001048911
Period of Report: 2012-01-13

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-01-13	Common Stock	M	5900	$56.31	Acquired	57801	Direct
2012-01-13	Common Stock	S	100	$90.30	Disposed	57701	Direct
2012-01-13	Common Stock	S	2400	$90.3001	Disposed	55301	Direct
2012-01-13	Common Stock	S	1803	$90.17	Disposed	53498	Direct
2012-01-13	Common Stock	S	4097	$90.16	Disposed	49401	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-01-13	Non-qualified Stock Option (Right to Buy)	$56.31	M	5900	Disposed	2019-06-08	Common Stock (5900)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	428	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.