UNIVERSAL HEALTH SERVICES INC — Director's Dealing 2011

Sep 12, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: UNIVERSAL HEALTH SERVICES INC (UHS)
CIK: 0000352915
Period of Report: 2011-09-08

Reporting Person: FILTON STEVE (Senior Vice President & CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-09-08	Class B Common Stock	M	70000	$29.26	Acquired	228634	Direct
2011-09-08	Class B Common Stock	F	56573	$40.57	Disposed	172061	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-09-08	Option To Purchase Class B Common Stock	$29.26	M	70000	Disposed	2011-09-10	Class B Common Stock (70000)	Direct

Footnotes

F1: Options vested ratably on each of 9/11/2007, 9/11/2008, 9/11/2009 and 9/11/2010.