X0201 4 2004-03-09 0 0001090727 UNITED PARCEL SERVICE INC UPS 0001275613 KUEHN KURT P 55 GLENLAKE PARKWAY, NE ATLANTA GA 30328 0 1 0 0 Senior Vice President Class A Common Stock 2004-01-05 5 J 0 3.1339 73.93 A 43465.4133 D Class A Common Stock 2004-03-09 5 J 0 0.1 68.90 A 43465.5133 D Class A Common Stock 768. I Child Class A Common Stock 1064. I Family Member Class A Common Stock 1894. I Spouse Phantom Stock Units 0.00 2004-03-09 4 J 0 41.4772 68.90 A Class A Common Stock 41.4772 10247.8208 D Restricted Performance Units 0.00 2004-03-09 4 J 0 4.0306 69.09 A Class A Common Stock 4.0306 998.5907 D Shares acquired through reinvestment of dividends within Qualified Stock Ownership Plan (QSOP). Shares are held for the benefit of the person designated. Reported for information purposes only. The undersigned disclaims any beneficial ownership in these shares. One for One Phantom stock units acquired through reinvestment of dividends within Deferred Compensation Plan. The settlement date of the phantom stock generally will be the earlier of death, disability, retirement or termination of employment. Restricted Performance stock units acquired through reinvestment of dividends. The settlement date of the restricted performance units generally will be five years from the date of grant. Kurt P. Kuehn 2004-03-11