UNITED PARCEL SERVICE INC — Director's Dealing 2016

Mar 4, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: UNITED PARCEL SERVICE INC (UPS)
CIK: 0001090727
Period of Report: 2016-03-02

Reporting Person: Gershenhorn Alan (EVP & Chief Comm Officer)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-03-02	Option to Purchase UPS Class A Common	$98.7700	A	9588.0000	Acquired	2026-03-02	Class A Common Stock (9588.0000)	Direct
2016-03-02	Restricted Performance Units	$	A	5050.0000	Acquired	2021-01-15	Class A Common Stock (5050.0000)	Direct
2016-03-02	Restricted Performance Units	$	A	3744.0000	Acquired	2016-01-31	Class A Common Stock (3744.0000)	Direct

Footnotes

F1: Securities vest at the rate of 20% annually beginning March 2, 2017.

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

F3: Securities vest at the rate of 20% annually beginning January 15, 2017.

F4: One unit is equivalent to one share of UPS Class A Common stock.