Elizabeth F. Whited - 01 Apr 2022 Form 4 Insider Report for UNION PACIFIC CORP (UNP)

Signature
By: Trevor L. Kingston, Attorney-in-Fact For: Elizabeth F. Whited
Issuer symbol
UNP
Transactions as of
01 Apr 2022
Net transactions value
-$233,384
Form type
4
Filing time
05 Apr 2022, 17:24:25 UTC
Previous filing
11 Mar 2022
Next filing
12 Apr 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UNP Common Stock Options Exercise $768,750 +4,758 +13% $161.57 42,068 01 Apr 2022 Direct
transaction UNP Common Stock Tax liability $768,813 -2,814 -6.7% $273.21 39,254 01 Apr 2022 Direct
transaction UNP Common Stock Tax liability $233,321 -854 -2.2% $273.21 38,400 01 Apr 2022 Direct
holding UNP Common Stock 14,087 01 Apr 2022 By Deferral Account F1
holding UNP Common Stock 31,537 01 Apr 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) Options Exercise $0 -4,758 -24% $0.000000 15,000 01 Apr 2022 Common Stock 4,758 $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.