Perez Juan R. Form 3 UNITED PARCEL SERVICE / Juan R. Perez ownership change

SEC Form 3

FORM 3

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

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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

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1. Name and Address of Reporting Person^*

Perez Juan R.

(Last) (First) (Middle)

55 GLENLAKE PARKWAY, NE

(Street)

ATLANTA GA 30328

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
02/01/2016

3. Issuer Name and Ticker or Trading Symbol
UNITED PARCEL SERVICE INC [ UPS ]

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

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
Senior Vice President

5. If Amendment, Date of Original Filed (Month/Day/Year)

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	24,914.5288	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: 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	05/10/2012	05/08/2017	Class A Common Stock	1,198	70.9	D
Option to Purchase UPS Class A Common	05/02/2011	04/29/2016	Class A Common Stock	1,007	80.88	D
Restricted Performance Units	(1)	01/15/2017	Class A Common Stock	331	(2)	D
Restricted Performance Units	(3)	01/15/2018	Class A Common Stock	482	(2)	D
Restricted Performance Units	(4)	01/15/2019	Class A Common Stock	666	(2)	D
Restricted Performance Units	(5)	01/15/2020	Class A Common Stock	878	(2)	D
Restricted Performance Units	(6)	05/04/2016	Class A Common Stock	298.4152	(7)	D
Restricted Stock Units	01/31/2016	01/31/2016	Class A Common Stock	1,319.939	(8)	D

Explanation of Responses:

1. Securities vest at the rate of 20% annually. Vesting began January 15, 2013.

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. Securities vest at the rate of 20% annually. Vesting began January 15, 2014.

4. Securities vest at the rate of 20% annually. Vesting began January 15, 2015.

5. Securities vest at the rate of 20% annually. Vesting began January 15, 2016.

6. Securities vest at the rate of 20% annually beginning May 4, 2012.

7. 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.

8. 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.

	Stephen Knapp, Power of Attorney	02/04/2016
	** 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 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).
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