UNITED PARCEL SERVICE INC — Director's Dealing 2011

Mar 2, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: UNITED PARCEL SERVICE INC (UPS)
CIK: 0001090727
Period of Report: 2011-03-01

Reporting Person: DAVIS D SCOTT (Director, Chair.& Chief Exec. Offcr.)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-03-01	Restricted Stock Units	$	A	24566.0000	Acquired	2011-01-31	Class A Common Stock (24566.0000)	Direct
2011-03-01	Restricted Stock Units	$	A	48302.0000	Acquired	2012-01-31	Class A Common Stock (48302.0000)	Direct
2011-03-01	Restricted Stock Units	$	A	41292.0000	Acquired	2013-01-31	Class A Common Stock (41292.0000)	Direct

Footnotes

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