Jose H. Villarreal - Jul 3, 2023 Form 4 Insider Report for UNION PACIFIC CORP (UNP)

Role
Director
Signature
By: Trevor L. Kingston, Attorney-in-Fact For: Jose H. Villarreal
Stock symbol
UNP
Transactions as of
Jul 3, 2023
Transactions value $
$0
Form type
4
Date filed
7/5/2023, 02:41 PM
Previous filing
Apr 4, 2023

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 Phantom Stock Award $0 +392 +1.38% $0.00 28.9K Jul 3, 2023 Common Stock 392 $0.00 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Distribution ratio for Phantom Stock Units is 1:1.
F2 Phantom Stock Units are payable in cash only commencing at retirement.