UNIVERSAL HEALTH SERVICES INC — Director's Dealing 2014

Mar 28, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: UNIVERSAL HEALTH SERVICES INC (UHS)
CIK: 0000352915
Period of Report: 2014-03-26

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-03-26	Class B Common Stock	A	19189	—	Acquired	574201	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-03-26	Option To Purchase Class B Common Stock	$78.17	A	590000	Acquired	2019-03-25	Class B Common Stock (590000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class B Common Stock	55763	Indirect
Class B Common Stock	70875	Indirect
Class B Common Stock	70875	Indirect
Class B Common Stock	70875	Indirect
Class B Common Stock	59900	Indirect
Class B Common Stock	55763	Indirect

Footnotes

F1: These restricted shares were granted pursuant to the Universal Health Services, Inc. 2010 Employees' Restricted Stock Purchase Plan and shall vest ratably on each of 3/26/2015, 3/26/2016, 3/26/2017 and 3/26/2018.

F2: Option vests ratably on each of 3/26/2015, 3/26/2016, 3/26/2017 and 3/26/2018.