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

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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(Print or Type Responses)
1. Name and Address of Reporting Person *
Brothers Norman M. Jr
   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)
Sr VP, Gen Counsel & Sec
(Last)
(First)
(Middle)
55 GLENLAKE PARKWAY, NE		 3. Date of Earliest Transaction (Month/Day/Year)
01/24/2018
(Street)

ATLANTA, GA 30328		 4. If Amendment, Date 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
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)		 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction 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 01/24/2018   M   553.5202 A $ 134.09 16,930.6092 D  
Class A Common Stock 01/24/2018   M   331.1524 A $ 134.09 17,261.7616 D  
Class A Common Stock 01/24/2018   M   266.873 A $ 134.09 17,528.6346 D  
Class A Common Stock 01/24/2018   M   244.4389 A $ 134.09 17,773.0735 D  
Class A Common Stock 01/24/2018   M   243.5218 A $ 134.09 18,016.5953 D  
Class A Common Stock 01/24/2018   F   124 D $ 134.09 17,892.5953 D  
Class A Common Stock 01/24/2018   F   131 D $ 134.09 17,761.5953 D  
Class A Common Stock 01/24/2018   F   143 D $ 134.09 17,618.5953 D  
Class A Common Stock 01/24/2018   F   156 D $ 134.09 17,462.5953 D  
Class A Common Stock 01/24/2018   F   265 D $ 134.09 17,197.5953 (1) D  

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)		 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction 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
(Month/Day/Year)		 7. Title and Amount of Underlying Securities
(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) 01/24/2018   M     266.873   (3) 01/15/2018 Class A Common Stock 266.873 $ 0 0 (4) D  
Restricted Performance Units (2) 01/24/2018   M     244.4389   (3) 01/15/2019 Class A Common Stock 244.4389 $ 0 245 (4) D  
Restricted Performance Units (2) 01/24/2018   M     243.5218   (3) 01/15/2020 Class A Common Stock 243.5218 $ 0 486 (4) D  
Restricted Performance Units (2) 01/24/2018   M     331.1524   (3) 01/15/2021 Class A Common Stock 331.1524 $ 0 996 (4) D  
Restricted Performance Units (2) 01/24/2018   M     553.5202   (3) 01/15/2022 Class A Common Stock 553.5202 $ 0 2,213 (4) D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
Brothers Norman M. Jr
55 GLENLAKE PARKWAY, NE
ATLANTA, GA 30328		       Sr VP, Gen Counsel & Sec  

Signatures

 Stephen Knapp, Power of Attorney   01/25/2018
**Signature of Reporting Person Date

Explanation of Responses:

* 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).
(1) Includes 8.4097 shares acquired in the Reporting Person's 401(k) account between August 30, 2017 and January 24, 2018.
(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 143.5063 Dividend Equivalent Units acquired in the Restricted Performance Plan account between January 27, 2017 and January 24, 2018.

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