Kenyatta G. Rocker - 09 Feb 2023 Form 4 Insider Report for UNION PACIFIC CORP (UNP)

Role
EVP MARKETING & SALES
Signature
By: Trevor L. Kingston, Attorney-in-Fact For: Kenyatta G. Rocker
Issuer symbol
UNP
Transactions as of
09 Feb 2023
Net transactions value
-$243,716
Form type
4
Filing time
13 Feb 2023, 11:45:17 UTC
Previous filing
11 Jan 2023
Next filing
14 Mar 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UNP Common Stock Disposed to Issuer $0 -5,159 -12% $0.000000 38,915 09 Feb 2023 Direct
transaction UNP Common Stock Tax liability $247,225 -1,219 -3.1% $202.81 37,696 09 Feb 2023 Direct
transaction UNP Common Stock Award $0 +8,876 +24% $0.000000 46,572 09 Feb 2023 Direct F1
transaction UNP Common Stock Award $2,771 +13 +0.03% $205.50 46,586 10 Feb 2023 Direct F2
transaction UNP Common Stock Award $0 +114 +12% $0.000000 1,077 09 Feb 2023 by Spouse
transaction UNP Common Stock Award $739 +4 +0.33% $205.50 1,083 10 Feb 2023 by Spouse F2
holding UNP Common Stock 350 09 Feb 2023 By Deferral Account
holding UNP Common Stock 1,942 09 Feb 2023 by Managed Account F3

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 +12,423 $0.000000 12,423 09 Feb 2023 Common Stock 12,423 $202.81 Direct F4
* 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 Purchase pursuant to the 2021 Employee Stock Purchase Plan.
F3 Includes holdings in Union Pacific's Payroll-based and Tax-reduction stock ownership plans and 401(k) plan.
F4 This option becomes exercisable in three equal installments starting one year from the grant date.