UNIVERSAL HEALTH SERVICES INC — Director's Dealing 2011

May 5, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: UNIVERSAL HEALTH SERVICES INC (UHS)
CIK: 0000352915
Period of Report: 2011-05-03

Reporting Person: Silvers Daniel B. (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-05-03	Class B Common Stock	M	3750	$30.32	Acquired	4150	Direct
2011-05-03	Class B Common Stock	F	2102	$54.10	Disposed	2048	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-05-03	Option To Purchase Class B Common Stock	$30.32	M	3750	Disposed	2015-01-20	Class B Common Stock (3750)	Direct

Footnotes

F1: Option vested on 1/20/2011.