FEDEX CORP — Director's Dealing 2013

Dec 20, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FEDEX CORP (FDX)
CIK: 0001048911
Period of Report: 2013-12-19

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-12-19	Common Stock	M	1372	$72.845	Acquired	124713	Direct
2013-12-19	Common Stock	M	36878	$72.845	Acquired	161591	Direct
2013-12-19	Common Stock	S	38250	$139.3989	Disposed	123341	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-12-19	Incentive Stock Option (Right to Buy)	$72.845	M	1372	Disposed	2014-06-01	Common Stock (1372)	Direct
2013-12-19	Non-qualified Stock Option (Right to Buy)	$72.845	M	36878	Disposed	2014-06-01	Common Stock (36878)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	88750	Indirect
Common Stock	561	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 $139.06 to $139.73, inclusive. The reporting person undertakes to provide to FedEx Corporation, any security holder of 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.