FORM 3
        
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Peretz Richard N.

2. Date of Event Requiring Statement (MM/DD/YYYY)
7/1/2015 

3. Issuer Name and Ticker or Trading Symbol

UNITED PARCEL SERVICE INC [UPS]

(Last)        (First)        (Middle)

55 GLENLAKE PARKWAY, NE

4. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                            _____ 10% Owner
___ X ___ Officer (give title below)          _____ Other (specify below)
CFO & Senior Vice President /

(Street)

ATLANTA, GA 30328       

(City)              (State)              (Zip)
5. If Amendment, Date Original Filed (MM/DD/YYYY)

 

6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person


Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4) 		2. Amount of Securities Beneficially Owned
(Instr. 4) 		3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5) 		4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Class A Common Stock   18943.5310   D    
Class A Common Stock   30.0000   I   Child I  
Class A Common Stock   10.0000   I   Child II  

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 4) 		2. Date Exercisable and Expiration Date
(MM/DD/YYYY) 		3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4) 		4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5) 		6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Option to Purchase UPS Class A Common     (1) 2/28/2025   Class A Common Stock   3369.0000   $101.9300   D    
Phantom Stock Units     (2)   (2) Class A Common Stock   6967.0581     (3) D    
Restricted Performance Units     (4) 1/15/2017   Class A Common Stock   822.8854     (5) D    
Restricted Performance Units     (6) 1/15/2018   Class A Common Stock   922.3216     (5) D    
Restricted Performance Units     (7) 1/15/2019   Class A Common Stock   1168.8828     (5) D    
Restricted Performance Units     (8) 1/15/2020   Class A Common Stock   1464.6750     (5) D    
Restricted Performance Units     (9) 5/4/2016   Class A Common Stock   369.6945     (10) D    
Restricted Stock Units     (11) 10/15/2015   Class A Common Stock   175.5797     (12) D    
Restricted Stock Units   1/31/2016   1/31/2016   Class A Common Stock   1682.8756     (13) D    

Explanation of Responses:
( 1)  Securities vest at the rate of 20% annually beginning March 2, 2016.
( 2)  The settlement date of the phantom stock generally will be the earlier of death, disability, retirement or termination of employment.
( 3)  One unit is equivalent to one share of UPS Class A Common stock.
( 4)  Securities vest at the rate of 20% annually. Vesting began January 15, 2013.
( 5)  Represents Restricted Performance Units (RPUs) granted as Management Incentive Awards under the United Parcel Service, Inc. Incentive Compensation Plan. Each RPU represents the right to receive one share of Class A common stock.
( 6)  Securities vest at the rate of 20% annually. Vesting began January 15, 2014.
( 7)  Securities vest at the rate of 20% annually. Vesting began January 15, 2015
( 8)  Securities vest at the rate of 20% annually. Vesting began January 15, 2016
( 9)  Securities vest at the rate of 20% annually. Vesting began May 4, 2012.
( 10)  Represents Restricted Performance Units (RPUs) granted as Long-term Incentive Plan Unit Awards under the United Parcel Service, Inc. Incentive Compensation Plan. Each RPU represents a right to receive one share of class A common stock.
( 11)  Securities vest at the rate of 20% annually. Vesting began October 15, 2011.
( 12)  Represents Restricted Stock Units (RSUs) granted as Management Incentive Awards under the United Parcel Service, Inc. Incentive Compensation Plan. Each RSU represents the right to receive one share of Class A common stock.
( 13)  Represents Restricted Stock Units (RSUs) granted as Long-term Incentive Performance Awards under the United Parcel Service, Inc. Incentive Compensation Plan. These RSUs will convert into shares of UPS Class A common stock on a one for one basis.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Peretz Richard N.
55 GLENLAKE PARKWAY, NE
ATLANTA, GA 30328

CFO & Senior Vice President

Signatures
William L. Lyons, Power of Attorney 7/7/2015
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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