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

Role
CHAIRMAN PRESIDENT & CEO
Signature
Nicole M. Deardorff, Attorney-in-Fact
Issuer symbol
UNP
Transactions as of
29 Mar 2022
Net transactions value
-$3,000,351
Form type
4
Filing time
30 Mar 2022, 11:40:10 UTC
Previous filing
11 Mar 2022
Next filing
12 Apr 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UNP Common Stock Options Exercise $9,694,200 +60,000 +11% $161.57 626,299 29 Mar 2022 Direct
transaction UNP Common Stock Tax liability $9,694,446 -35,209 -5.6% $275.34 591,090 29 Mar 2022 Direct
transaction UNP Common Stock Tax liability $3,000,105 -10,896 -1.8% $275.34 580,194 29 Mar 2022 Direct
holding UNP Common Stock 50,356 29 Mar 2022 By Deferral Account F1
holding UNP Common Stock 82,282 29 Mar 2022 by GRAT I
holding UNP Common Stock 21,794 29 Mar 2022 by Trust
holding UNP Common Stock 48,776 29 Mar 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 -60,000 -47% $0.000000 68,415 29 Mar 2022 Common Stock 60,000 $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.