SEC FORM 3

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

OMB APPROVAL

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

1. Name and Address of Reporting Person^*

McClure Teri P

(Last)

(First)

(Middle)

55 GLENLAKE PARKWAY NE

(Street)

ATLANTA

30328

(City)

(State)

(Zip)

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 ]

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 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	5,940.0639	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)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	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)
Phantom Stock Units	⁽²⁾	⁽²⁾	Class A Common Stock	8,395.2295	$0.00⁽¹⁾	D
Restricted Performance Units	⁽³⁾	⁽³⁾	Class A Common Stock	2,450.7119	$0.00⁽¹⁾	D
Restricted Stock Units	⁽⁴⁾	⁽⁴⁾	Class A Common Stock	728	$0.00⁽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

Explanation of Responses:

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.

	Teri P. McClure	12/13/2005
	** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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 Number.