LANCE M. FRITZ - 27 Oct 2021 Form 4 Insider Report for UNION PACIFIC CORP (UNP)

Role
CHAIRMAN PRESIDENT & CEO
Signature
By: Trevor L. Kingston, Attorney-in-Fact For: Lance M. Fritz
Issuer symbol
UNP
Transactions as of
27 Oct 2021
Net transactions value
-$5,576,289
Form type
4
Filing time
28 Oct 2021, 16:17:26 UTC
Previous filing
12 Oct 2021
Next filing
19 Nov 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UNP Common Stock Gift $0 -5,000 -0.99% $0.000000 497,686 26 Oct 2021 Direct F1
transaction UNP Common Stock Options Exercise $13,223,943 +107,643 +22% $122.85 605,329 27 Oct 2021 Direct
transaction UNP Common Stock Tax liability $13,223,953 -54,935 -9.1% $240.72 550,394 27 Oct 2021 Direct
transaction UNP Common Stock Tax liability $5,576,279 -23,165 -4.2% $240.72 527,229 27 Oct 2021 Direct
holding UNP Common Stock 50,227 27 Oct 2021 By Deferral Account F2
holding UNP Common Stock 82,282 27 Oct 2021 by GRAT I
holding UNP Common Stock 21,794 27 Oct 2021 by Trust
holding UNP Common Stock 48,776 27 Oct 2021 by Trust 2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction UNP Non-Qualified Stock Option (right to buy) Options Exercise $0 -107,643 -100% $0.000000* 0 27 Oct 2021 Common Stock 107,643 $122.85 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person made a gift of shares to a donor-advised charitable fund.
F2 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.
F3 This option became exercisable in three equal installments starting one year from the grant date.