UNITED PARCEL SERVICE INC — Director's Dealing 2016

Mar 14, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: UNITED PARCEL SERVICE INC (UPS)
CIK: 0001090727
Period of Report: 2016-03-11

Reporting Person: Brothers Norman M. Jr (Sr VP, Gen Counsel & Sec)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-03-11	Class A Common Stock	M	722.8184	$93.2000	Acquired	13924.4051	Direct
2016-03-11	Class A Common Stock	M	705.3990	$93.2000	Acquired	14629.8041	Direct
2016-03-11	Class A Common Stock	M	684.1049	$93.2000	Acquired	15313.9090	Direct
2016-03-11	Class A Common Stock	F	229.0000	$93.2000	Disposed	15084.9090	Direct
2016-03-11	Class A Common Stock	F	236.0000	$93.2000	Disposed	14848.9090	Direct
2016-03-11	Class A Common Stock	F	242.0000	$93.2000	Disposed	14606.9090	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-03-11	Restricted Stock Units	$	M	2112.3223	Disposed	2016-01-31	Class A Common Stock (2112.3223)	Direct

Footnotes

F1: Includes .6035 shares acquired in the Reporting Person's 401(k) account between January 29, 2016 and March 11, 2016.

F2: One unit is equivalent to one share of UPS Class A Common stock.

F3: The Restricted Stock Units vested on January 31, 2016. Vested shares of Class A common stock were delivered to the reporting person on March 11, 2016.

F4: Includes 73.3223 Dividend Equivalent Units acquired in the Long Term Incentive Performance Plan account between March 4, 2014 and March 11, 2016.