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UNITED PARCEL SERVICE INC Director's Dealing 2012

Oct 26, 2012

29932_dirs_2012-10-26_a8ef0b9e-ab91-444d-ab71-1f1cf36f155e.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: UNITED PARCEL SERVICE INC (UPS)
CIK: 0001090727
Period of Report: 2012-10-26

Reporting Person: OWENS CHRISTINE M (Senior Vice President)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2012-10-26 Class A Common Stock M 300.9705 $72.5900 Acquired 61709.0281 Direct
2012-10-26 Class A Common Stock M 277.0793 $72.5900 Acquired 61986.1074 Direct
2012-10-26 Class A Common Stock M 215.4313 $72.5900 Acquired 62201.5387 Direct
2012-10-26 Class A Common Stock M 212.0475 $72.5900 Acquired 62413.5862 Direct
2012-10-26 Class A Common Stock F 90.0142 $72.5900 Disposed 62323.5720 Direct
2012-10-26 Class A Common Stock F 91.4506 $72.5900 Disposed 62232.1214 Direct
2012-10-26 Class A Common Stock F 117.6202 $72.5900 Disposed 62114.5012 Direct
2012-10-26 Class A Common Stock F 127.7621 $72.5900 Disposed 61986.7391 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2012-10-26 Restricted Stock Units $ M 215.4313 Disposed 2012-10-15 Class A Common Stock (215.4313) Direct
2012-10-26 Restricted Stock Units $ M 300.9705 Disposed 2013-10-15 Class A Common Stock (300.9705) Direct
2012-10-26 Restricted Stock Units $ M 212.0475 Disposed 2014-10-15 Class A Common Stock (212.0475) Direct
2012-10-26 Restricted Stock Units $ M 277.0793 Disposed 2015-10-15 Class A Common Stock (277.0793) Direct

Footnotes

F1: Includes 74.2885 shares acquired in the Reporting Person's 401(k) account between May 12, 2012 and October 26, 2012.

F2: Represents Restricted Stock Units (RSUs) granted as Management Incentive Awards under the United Parcel Service, Inc. Incentive Compensation Plan. Each RSU represents the right to receive one share of Class A common stock.

F3: RSUs vest at the rate of 20% on October 15th of each year during the vesting period.

F4: Includes 76.5286 Dividend Equivalent Units acquired in the Restricted Stock Unit Plan account between October 29, 2011 and October 25, 2012.