FEDEX CORP — Director's Dealing 2013

Apr 5, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FEDEX CORP (FDX)
CIK: 0001048911
Period of Report: 2013-04-04

Reporting Person: SMITH FREDERICK W (Director, Chairman/President/CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-04-04	Common Stock	M	1549	$64.53	Acquired	15437083	Direct
2013-04-04	Common Stock	S	202000	$96.2938	Disposed	15235083	Direct
2013-04-04	Common Stock	M	248451	$64.53	Acquired	15483534	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-04-04	Incentive Stock Option (Right to Buy)	$64.53	M	1549	Disposed	2013-06-02	Common Stock (1549)	Direct
2013-04-04	Non-qualified Stock Option (Right to Buy)	$64.53	M	248451	Disposed	2013-06-02	Common Stock (248451)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	4141280	Indirect
Common Stock	736	Indirect
Common Stock	2346	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 $96.04 to $96.73, inclusive. The reporting person undertakes to provide to FedEx Corporation, any security holder of FedEx Corporation, or the staff of the Securities & 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: Ownership has been adjusted to reflect dividend paid to all holders of record.

F3: These options first exercisable one year from date of grant.