Elizabeth F. Whited - Jul 1, 2021 Form 4 Insider Report for UNION PACIFIC CORP (UNP)

Signature
By: Trevor L. Kingston, Attorney-in-Fact For: Elizabeth F. Whited
Stock symbol
UNP
Transactions as of
Jul 1, 2021
Transactions value $
-$708,699
Form type
4
Date filed
7/2/2021, 04:21 PM
Next filing
Aug 12, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UNP Common Stock Tax liability -$709K -3.17K -22.32% $223.55 11K Jul 1, 2021 By Deferral Account F1, F2
holding UNP Common Stock 38.7K Jul 1, 2021 Direct
holding UNP Common Stock 27.8K Jul 1, 2021 by Trust
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents conversion of restricted stock units to fully vested stock units with a distribution ratio of 1:1 - Payable only in shares of common stock at termination of employment or a date certain.
F2 Represents conversion of restricted stock to fully vested stock units with a distribution ratio of 1:1 - payable only in shares of common stock on a date certain (July 1, 2021), which was selected in June of 2017. The shares disposed of, and reported in, column 4 represent shares withheld solely for tax purposes.