Lance M. Fritz - Mar 29, 2022 Form 4 Insider Report for UNION PACIFIC CORP (UNP)

Role
CHAIRMAN PRESIDENT & CEO
Signature
Nicole M. Deardorff, Attorney-in-Fact
Stock symbol
UNP
Transactions as of
Mar 29, 2022
Transactions value $
-$3,000,351
Form type
4
Date filed
3/30/2022, 11:40 AM
Previous filing
Mar 11, 2022
Next filing
Apr 12, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UNP Common Stock Options Exercise $9.69M +60K +10.6% $161.57 626K Mar 29, 2022 Direct
transaction UNP Common Stock Tax liability -$9.69M -35.2K -5.62% $275.34 591K Mar 29, 2022 Direct
transaction UNP Common Stock Tax liability -$3M -10.9K -1.84% $275.34 580K Mar 29, 2022 Direct
holding UNP Common Stock 50.4K Mar 29, 2022 By Deferral Account F1
holding UNP Common Stock 82.3K Mar 29, 2022 by GRAT I
holding UNP Common Stock 21.8K Mar 29, 2022 by Trust
holding UNP Common Stock 48.8K Mar 29, 2022 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 -60K -46.72% $0.00 68.4K Mar 29, 2022 Common Stock 60K $161.57 Direct F2
* 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 This option became exercisable in three equal installments starting one year from the grant date.