Todd M. Rynaski - Feb 3, 2022 Form 4 Insider Report for UNION PACIFIC CORP (UNP)

Role
VP & CONTROLLER
Signature
By: Trevor L. Kingston, Attorney-in-Fact For: Todd M. Rynaski
Stock symbol
UNP
Transactions as of
Feb 3, 2022
Transactions value $
$0
Form type
4
Date filed
2/4/2022, 02:13 PM
Previous filing
Jan 12, 2022
Next filing
Feb 9, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UNP Common Stock Award $0 +2.46K +20.89% $0.00 14.2K Feb 3, 2022 Direct F1
holding UNP Common Stock 1.89K Feb 3, 2022 By Deferral Account F2
holding UNP Common Stock 586 Feb 3, 2022 by Spouse
holding UNP Common Stock 13.7K Feb 3, 2022 by Trust

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) Award $0 +3.86K $0.00 3.86K Feb 3, 2022 Common Stock 3.86K $244.35 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Performance retention unit award with a distribution ratio of 1:1. This award is payable only in shares of common stock with a three year vesting period from the grant date. The amount of shares in column 4 is the maximum number of shares that the reporting person is eligible to receive. The actual number of shares paid out at vesting, if any, depends on applicable performance criteria being met.
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 becomes exercisable in three equal installments starting one year from the grant date.