X0306 4 2016-09-28 0001048911 FEDEX CORP FDX 0001197607 CARTER ROBERT B 942 SOUTH SHADY GROVE ROAD MEMPHIS TN 38120 1 EVP Chief Info Officer Common Stock 2016-09-28 4 M 0 19784 114.74 A 68183 D Common Stock 2016-09-28 4 S 0 19784 176.9694 D 48399 D Common Stock 2016-09-28 4 S 0 5000 176.8704 D 43399 D Common Stock 1245 I By Wife Non-qualified Stock Option (Right to Buy) 114.74 2016-09-28 4 M 0 19784 0 D 2017-07-09 Common Stock 19784 0 D The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $176.94 to $177.13, inclusive. The reporting person undertakes to provide to FedEx Corporation, any security holder of FedEx Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $176.87 to $176.89, inclusive. The reporting person undertakes to provide to FedEx Corporation, any security holder of FedEx Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4. These options first exercisable one year from date of grant. /s/ Robert B. Carter 2016-09-29