Craig V. Richardson - May 16, 2022 Form 4 Insider Report for UNION PACIFIC CORP (UNP)

Role
EVP CHIEF LEGAL OFFICER & CORP
Signature
By: Trevor L. Kingston, Attorney-in-Fact For: Craig V. Richardson
Stock symbol
UNP
Transactions as of
May 16, 2022
Transactions value $
-$65,797
Form type
4
Date filed
5/17/2022, 05:31 PM
Previous filing
May 12, 2022
Next filing
Jun 14, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UNP Common Stock Options Exercise $269K +2.15K +12.9% $124.86 18.8K May 16, 2022 Direct
transaction UNP Common Stock Tax liability -$269K -1.16K -6.18% $230.76 17.7K May 16, 2022 Direct
transaction UNP Common Stock Tax liability -$65.8K -285 -1.61% $230.76 17.4K May 16, 2022 Direct
holding UNP Common Stock 1.89K May 16, 2022 By Deferral Account F1

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 -2.15K -100% $0.00* 0 May 16, 2022 Common Stock 2.15K $124.86 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.