FEDEX CORP — Director's Dealing 2013

Aug 9, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FEDEX CORP (FDX)
CIK: 0001048911
Period of Report: 2013-08-08

Reporting Person: MERINO JOHN L (CVP PRIN ACCT OFFICER)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-08-08	Common Stock	M	1500	$67.365	Acquired	24185	Direct
2013-08-08	Common Stock	M	910	$72.845	Acquired	25095	Direct
2013-08-08	Common Stock	M	9290	$72.845	Acquired	34385	Direct
2013-08-08	Common Stock	S	11700	$109.1073	Disposed	22685	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-08-08	Non-qualified Stock Option (Right to Buy)	$67.365	M	1500	Disposed	2014-03-15	Common Stock (1500)	Direct
2013-08-08	Incentive Stock Option (Right to Buy)	$72.845	M	910	Disposed	2014-06-01	Common Stock (910)	Direct
2013-08-08	Non-qualified Stock Option (Right to Buy)	$72.845	M	9290	Disposed	2014-06-01	Common Stock (9290)	Direct

Footnotes

F1: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $109.0801 to $109.165, 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: Ownership has been adjusted to reflect dividend paid to all holders of record.

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