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* Nichols Mitchell R. (Last) (First) (Middle) 55 GLENLAKE PARKWAY, NE (Street) ATLANTA GA 30328 (City) (State) (Zip)	2. Date of Event Requiring Statement (Month/Day/Year) 06/12/2014	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	42,808.9907	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	2,054	$70.9	D
Option to Purchase UPS Class A Common	05/04/2012(1)	05/04/2021	Class A Common Stock	3,349	$74.25	D
Option to Purchase UPS Class A Common	03/01/2013(2)	03/01/2022	Class A Common Stock	3,826	$76.89	D
Option to Purchase UPS Class A Common	05/02/2011	04/29/2016	Class A Common Stock	1,731	$80.88	D
Option to Purchase UPS Class A Common	03/01/2014(3)	03/01/2023	Class A Common Stock	3,836	$82.87	D
Option to Purchase UPS Class A Common	03/04/2015(4)	03/04/2024	Class A Common Stock	3,004	$96.98	D
Phantom Stock Units	(5)	(5)	Class A Common Stock	8,358.7329	(6)	D
Restricted Performance Units	(7)	01/15/2017	Class A Common Stock	1,478.4153	(8)	D
Restricted Performance Units	(9)	01/15/2018	Class A Common Stock	1,447.0028	(8)	D
Restricted Performance Units	(10)	01/15/2019	Class A Common Stock	1,666.7273	(8)	D
Restricted Performance Units	(11)	05/04/2016	Class A Common Stock	946.0891	(12)	D
Restricted Performance Units	(13)	05/05/2015	Class A Common Stock	389.5069	(12)	D
Restricted Stock Units	(14)	10/15/2014	Class A Common Stock	128.4535	(15)	D
Restricted Stock Units	(16)	10/15/2015	Class A Common Stock	342.5428	(15)	D
Restricted Stock Units	01/31/2015	01/31/2015	Class A Common Stock	3,533.0447	(17)	D
Restricted Stock Units	01/31/2016	01/31/2016	Class A Common Stock	1,854.1561	(17)	D

Explanation of Responses:

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

2. Securities vest at the rate of 20% annually beginning March 1, 2013.

3. Securities vest at the rate of 20% annually beginning March 1, 2014.

4. Securities vest at the rate of 20% annually beginning March 4, 2015.

5. The settlement date of the phantom stock generally will be the earlier of death, disability, retirement or termination of employment.

6. One unit is equivalent to one share of UPS Class A Common stock.

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

8. 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.

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

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

11. Securities vest at the rate of 20% annually. Vesting began May 4, 2012.

12. 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.

13. Securities vest at the rate of 20% annually. Vesting began May 5, 2011.

14. Securities vest at the rate of 20% annually. Vesting began October 15, 2010.

15. 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.

16. Securities vest at the rate of 20% annually. Vesting began October 15, 2011.

17. 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.

	William L. Lyons, Power of Attorney	06/24/2014
	** 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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