FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response... 0.5
                      
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 *

Gray Myron A 		2. Issuer Name and Ticker or Trading Symbol

UNITED PARCEL SERVICE INC [ UPS ] 		5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
Senior Vice President
(Last)          (First)          (Middle)

55 GLENLAKE PARKWAY, NE 		3. Date of Earliest Transaction (MM/DD/YYYY)

1/29/2016
(Street)

ATLANTA, GA 30328
(City)        (State)        (Zip)
4. 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 Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3) 		2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8) 		4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4) 		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock   1/8/2016     G   V 35.0000   D $0.0000   91932.0935   D    
Class A Common Stock   1/29/2016     M    1066.8955   A $90.0400   92998.9890   D    
Class A Common Stock   1/29/2016     M    726.1885   A $90.0400   93725.1775   D    
Class A Common Stock   1/29/2016     M    696.8301   A $90.0400   94422.0076   D    
Class A Common Stock   1/29/2016     M    675.1186   A $90.0400   95097.1262   D    
Class A Common Stock   1/29/2016     F    226.0000   D $90.0400   94871.1262   D    
Class A Common Stock   1/29/2016     F    233.0000   D $90.0400   94638.1262   D    
Class A Common Stock   1/29/2016     F    236.0000   D $90.0400   94402.1262   D    
Class A Common Stock   1/29/2016     F    400.0000   D $90.0400   94002.1262   (1) D    

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3) 		2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8) 		5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4) 		8. Price of Derivative Security
(Instr. 5) 		9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Performance Units     (2) 1/29/2016     M         1066.8955      (3) 1/15/2017   Class A Common Stock   1066.8955   $0.0000   1066.0000   (4) D    
Restricted Performance Units     (2) 1/29/2016     M         726.1885      (3) 1/15/2018   Class A Common Stock   726.1885   $0.0000   1452.0000   (4) D    
Restricted Performance Units     (2) 1/29/2016     M         675.1186      (3) 1/15/2019   Class A Common Stock   675.1186   $0.0000   2026.0000   (4) D    
Restricted Performance Units     (2) 1/29/2016     M         696.8301      (3) 1/15/2020   Class A Common Stock   696.8301   $0.0000   2784.0000   (4) D    

Explanation of Responses:
( 1)  Includes 13.7106 shares acquired in the Reporting Person's 401(k) account between December 2, 2015 and January 28, 2016.
( 2)  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.
( 3)  RPUs vest at the rate of 20% on January 15th of each year during the vesting period.
( 4)  Includes 275.0327 Dividend Equivalent Units acquired in the Restricted Performance Plan account between January 30, 2015 and January 28, 2016.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Gray Myron A
55 GLENLAKE PARKWAY, NE
ATLANTA, GA 30328

Senior Vice President

Signatures
William L. Lyons, Power of Attorney 1/29/2016
** 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 4(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.
United Parcel Service (NYSE:UPS)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more United Parcel Service Charts.
United Parcel Service (NYSE:UPS)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more United Parcel Service Charts.