UNITED PARCEL SERVICE INC — Director's Dealing 2010

Mar 16, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: UNITED PARCEL SERVICE INC (UPS)
CIK: 0001090727
Period of Report: 2010-03-12

Reporting Person: HILL ALLEN E (Senior
Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-03-12	Class A Common Stock	M	7358.3048	—	Acquired	10516.2842	Direct
2010-03-12	Class A Common Stock	F	2436.9016	$57.77	Disposed	8079.3826	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-03-12	Restricted Stock Units	$	M	7358.3048	Disposed	2010-01-31	Class A Common Stock (7358.3048)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	372	Indirect

Footnotes

F1: One unit is equivalent to one share of UPS Class A Common stock.

F2: The Restricted Stock Units vested on January 31, 2010. Vested shares of Class A common stock were delivered to the reporting person on March 12, 2010.