FEDEX CORP — Director's Dealing 2017

Mar 27, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FEDEX CORP (FDX)
CIK: 0001048911
Period of Report: 2017-03-23

Reporting Person: GRAF ALAN B JR (EVP CHIEF FINANCIAL OFF)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-03-23	Common Stock	M	871	$114.74	Acquired	151536	Direct
2017-03-23	Common Stock	M	19784	$114.74	Acquired	171320	Direct
2017-03-23	Common Stock	M	1181	$84.655	Acquired	172501	Direct
2017-03-23	Common Stock	M	3819	$84.655	Acquired	176320	Direct
2017-03-23	Common Stock	S	25655	$195.00	Disposed	150665	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-03-23	Incentive Stock Option (Right to Buy)	$114.74	M	871	Disposed	2017-07-09	Common Stock (871)	Direct
2017-03-23	Non-qualified Stock Option (Right to Buy)	$114.74	M	19784	Disposed	2017-07-09	Common Stock (19784)	Direct
2017-03-23	Incentive Stock Option (Right to Buy)	$84.655	M	1181	Disposed	2018-01-14	Common Stock (1181)	Direct
2017-03-23	Non-qualified Stock Option (Right to Buy)	$84.655	M	3819	Disposed	2018-01-14	Common Stock (3819)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	20000	Indirect
Common Stock	7400	Indirect
Common Stock	448	Indirect
Common Stock	20000	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.