UNIVERSAL HEALTH SERVICES INC — Director's Dealing 2012

May 1, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: UNIVERSAL HEALTH SERVICES INC (UHS)
CIK: 0000352915
Period of Report: 2012-04-27

Reporting Person: MILLER ALAN B (Director, Chairman and CEO, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-04-27	Class B Common Stock	J	263876	—	Acquired	627222	Direct
2012-04-27	Class B Common Stock	J	32148	—	Acquired	34708	Indirect
2012-04-30	Class B Common Stock	J	59900	—	Disposed	567322	Direct
2012-04-30	Class B Common Stock	J	59900	—	Acquired	59900	Indirect
2012-04-30	Class B Common Stock	J	59900	—	Disposed	507422	Direct
2012-04-30	Class B Common Stock	J	59900	—	Acquired	59900	Indirect
2012-04-30	Class B Common Stock	J	59900	—	Disposed	447522	Direct
2012-04-30	Class B Common Stock	J	59900	—	Acquired	59900	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Class B Common Stock	22698	Indirect
Class B Common Stock	22698	Indirect
Class B Common Stock	22698	Indirect

Footnotes

F1: On April 27, 2012, MMA Family, LLC made a distribution of (i) 263,876 shares of UHS Class B Common Stock to Mr. Miller, as a member, and (ii) 32,148 shares of UHS Class B Common Stock to Jill S. Miller, Mr. Miller's spouse, as a member.

F2: On April 30, 2012, Mr. Miller transferred 59,900 shares of UHS Class B Common Stock to each of The Marc Daniel Miller 2011 Family Trust, The Marni Spencer 2011 Family Trust and The Abby Miller King 2011 Family Trust. These shares were previously directly held by Mr. Miller and the transfer resulted in a change of beneficial ownership from direct to indirect. Mr. Miller's pecuniary interest in these shares is unchanged.