Eric J. Gehringer - 08 Feb 2024 Form 4 Insider Report for UNION PACIFIC CORP (UNP)

Role
EVP OPERATIONS
Signature
By: Trevor L. Kingston, Attorney-in-Fact For: Eric J. Gehringer
Issuer symbol
UNP
Transactions as of
08 Feb 2024
Net transactions value
+$3,500
Form type
4
Filing time
12 Feb 2024, 09:13:05 UTC
Previous filing
31 Oct 2023
Next filing
11 Mar 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UNP Common Stock Award $0 +12,058 +38% $0.000000 44,049 08 Feb 2024 Direct F1
transaction UNP Common Stock Disposed to Issuer $0 -2,172 -4.9% $0.000000 41,877 08 Feb 2024 Direct
transaction UNP Common Stock Other $0 -3,698 -8.8% $0.000000 38,179 08 Feb 2024 Direct F2
transaction UNP Common Stock Award $3,500 +14 +0.04% $249.45 38,193 10 Feb 2024 Direct F3
transaction UNP Common Stock Other $0 +3,698 $0.000000 3,698 08 Feb 2024 By Deferral Account F2

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 +16,194 $0.000000 16,194 08 Feb 2024 Common Stock 16,194 $248.82 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 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.
F3 Purchase pursuant to the 2021 Employee Stock Purchase Plan.
F4 This option becomes exercisable in three equal installments starting one year from the grant date.