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: Barber James J. (Senior Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-03-11	Class A Common Stock	M	3640.3027	$93.2000	Acquired	30625.1250	Direct
2016-03-11	Class A Common Stock	M	3548.7792	$93.2000	Acquired	34173.9042	Direct
2016-03-11	Class A Common Stock	M	3443.9684	$93.2000	Acquired	37617.8726	Direct
2016-03-11	Class A Common Stock	F	1149.0000	$93.2000	Disposed	36468.8726	Direct
2016-03-11	Class A Common Stock	F	1281.0000	$93.2000	Disposed	35187.8726	Direct
2016-03-11	Class A Common Stock	F	1746.0000	$93.2000	Disposed	33441.8726	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-03-11	Restricted Performance Units	$	M	10633.0503	Disposed	2016-01-31	Class A Common Stock (10633.0503)	Direct

Footnotes

F1: Includes 3.1377 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 369.0503 Dividend Equivalent Units acquired in the Long Term Incentive Performance Plan account between March 4, 2014 and March 11, 2016.