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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(Print or Type Responses)
1. Name and Address of Reporting Person *
  McClure Teri P
2. Date of Event Requiring Statement (Month/Day/Year)
12/05/2005
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)
Senior VP, General / Counsel & Secretary
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 5,940.0639
D
 

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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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
Phantom Stock Units   (2)   (2) Class A Common Stock 8,395.2295 $ 0 (1) D  
Restricted Performance Units   (3)   (3) Class A Common Stock 2,450.7119 $ 0 (1) D  
Restricted Stock Units   (4)   (4) Class A Common Stock 728 $ 0 (1) D  
Option to Purchase UPS Class A Common 11/09/2002 11/09/2009 Class A Common Stock 2,196 $ 50 D  
Option to Purchase UPS Class A Common 03/31/2004 03/30/2011 Class A Common Stock 3,400 $ 56.9 D  
Option to Purchase UPS Class A Common 04/25/2005 04/25/2012 Class A Common Stock 3,781 $ 60.22 D  
Option to Purchase UPS Class A Common 05/03/2008 05/02/2013 Class A Common Stock 1,883 $ 62.4 D  
Option to Purchase UPS Class A Common 05/03/2009 05/02/2014 Class A Common Stock 1,943 $ 70.7 D  
Option to Purchase UPS Class A Common 05/08/2010 05/08/2015 Class A Common Stock 2,058 $ 72.07 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
McClure Teri P
55 GLENLAKE PARKWAY NE
ATLANTA, GA 30328
      Senior VP, General Counsel & Secretary

Signatures

Teri P. McClure 12/13/2005
**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) One for One
(2) The settlement date of the phantom stock generally will be the earlier of death, disability, retirement or termination of employment.
(3) The settlement date of the restricted performance units generally will be five years from the date of grant.
(4) 20% of the restricted stock units vest on October 15, 2006 and on each anniversary date thereafter.

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

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