X0202 4 2008-05-16 0001090727 UNITED PARCEL SERVICE INC UPS 0001275613 KUEHN KURT P 55 GLENLAKE PARKWAY, NE ATLANTA GA 30328 1 CFO & Senior Vice President Class A Common Stock 2008-05-16 4 M 0 1080.3328 0 A 34958.2593 D Class A Common Stock 2008-05-16 4 M 0 108.0333 0 A 35066.2926 D Class A Common Stock 2008-05-16 4 F 0 35.0568 73.28 D 35031.2358 D Class A Common Stock 2008-05-16 4 F 0 350.5681 73.28 D 34680.6677 D Class A Common Stock 768 I Child Class A Common Stock 532 I Family Member Class A Common Stock 1894 I Spouse Restricted Performance Units 0 2008-05-16 4 M 0 1080.3328 0 D Class A Common Stock 1080.3328 14812.855 D Restricted Performance Units 0 2008-05-16 4 M 0 108.0333 0 D 2008-05-02 2008-05-02 Class A Common Stock 108.0333 0 D Represents Restricted Performance Units (RPUs) granted as Long-term Incentive Performance Awards under the United Parcel Service, Inc. Incentive Compensation Plan (the "Plan"). Each RPU represents a right to receive one share of class A common stock. RPUs were granted on May 2, 2003, and were converted into shares of class A common stock and distributed to the Reporting Person on May 16, 2008. Represents outstanding RPU awards granted under the Plan. Represents a 10% bonus awarded based upon the achievement of 2007 performance criteria. The RPUs were converted into shares of class A common stock and distributed to the Reporting Person on May 16, 2008. Robert S. Shaw, Power of Attorney 2008-05-20