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
OMB APPROVAL
OMB Number: 3235-0104
Estimated average burden hours per response... 0.5

(Print or Type Responses)
1. Name and Address of Reporting Person *
  Lane Laura J
2. Date of Event Requiring Statement (Month/Day/Year)
07/28/2020
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)
Chief Corp Affairs & Comms Off
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

ATLANTA, GA 30328
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 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 13,004.2442 (1)
D
 

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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.

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 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 Class A Common   (2) 03/02/2026 Class A Common Stock 1,515 $ 98.77 D  
Option to Purchase Class A Common   (3) 03/02/2025 Class A Common Stock 705 $ 101.93 D  
Option to Purchase Class A Common   (4) 02/12/2030 Class A Common Stock 6,261 $ 105.54 D  
Option to Purchase Class A Common   (5) 03/01/2028 Class A Common Stock 4,642 $ 106.43 D  
Option to Purchase Class A Common   (6) 03/01/2027 Class A Common Stock 4,661 $ 106.87 D  
Option to Purchase Class A Common   (7) 02/14/2029 Class A Common Stock 4,425 $ 111.8 D  
Restricted Performance Units   (8) 01/15/2021 Class A Common Stock 502.1595 $ (9) D  
Restricted Performance Units   (8) 01/15/2022 Class A Common Stock 668.8642 $ (9) D  
Restricted Performance Units   (8) 01/15/2023 Class A Common Stock 1,184.3193 $ (9) D  
Restricted Performance Units   (10) 03/06/2021 Class A Common Stock 1,023.1476 $ (9) D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Lane Laura J
55 GLENLAKE PARKWAY, NE
ATLANTA, GA 30328
      Chief Corp Affairs & Comms Off  

Signatures

Eli Brown, Power of Attorney 08/07/2020
**Signature of Reporting Person Date

Explanation of Responses:

* 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).
(1) Includes 668.4624 shares in the Reporting Person's 401(k) account.
(2) Securities vest at the rate of 20% annually. Vesting began March 2, 2017.
(3) Securities vest at the rate of 20% annually. Vesting began March 2, 2016.
(4) Securities vest at the rate of 20% annually beginning February 12, 2021.
(5) Securities vest at the rate of 20% annually. Vesting began March 1, 2019.
(6) Securities vest at the rate of 20% annually. Vesting began March 1, 2018.
(7) Securites vest at the rate of 20% annually. Vesting began February 14, 2020.
(8) Restricted Performance Units (RPUs) granted as Management Incentive Award under the United Parcel Service, Inc. Incentive Compensation Plan. Reported awards vest ratably on January 15 of each year through the expiration date.
(9) Each RPU represents the right to receive one share of class A common stock.
(10) Restricted Performance Units (RPUs) granted as Management Incentive Award under the United Parcel Service, Inc. Incentive Compensation Plan. Reported award vests on the first anniversary of the grant date.
 
Remarks:
lauralane.txt

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, See Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.