UNITED PARCEL SERVICE INC — Director's Dealing 2017

Jan 27, 2017

SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: UNITED PARCEL SERVICE INC (UPS)
CIK: 0001090727
Period of Report: 2016-12-31

Reporting Person: Gray Myron A (President, US Operations)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-12-23	Class A Common Stock	G	44.0000	$0.0000	Disposed	101262.9730	Direct
2016-12-23	Class A Common Stock	G	87.0000	$0.0000	Disposed	101175.9730	Direct
2016-12-29	Class A Common Stock	G	434.0000	$0.0000	Disposed	100741.9730	Direct
2016-12-30	Class A Common Stock	G	218.0000	$0.0000	Disposed	100523.9730	Direct

Footnotes

F1: Includes 75.9238 shares acquired in the Reporting Person's 401(k) account between May 14, 2016 and December 31, 2016.