Jennifer L. Hamann - 08 Feb 2024 Form 4 Insider Report for UNION PACIFIC CORP (UNP)

Signature
By: Trevor L. Kingston, Attorney-in-Fact For: Jennifer L. Hamann
Issuer symbol
UNP
Transactions as of
08 Feb 2024
Net transactions value
-$770,844
Form type
4
Filing time
12 Feb 2024, 09:15:27 UTC
Previous filing
17 Jan 2024
Next filing
28 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UNP Common Stock Award $0 +13,264 +13% $0.000000 111,561 08 Feb 2024 Direct F1
transaction UNP Common Stock Disposed to Issuer $0 -4,344 -3.9% $0.000000 107,217 08 Feb 2024 Direct
transaction UNP Common Stock Tax liability $773,084 -3,107 -2.9% $248.82 104,110 08 Feb 2024 Direct
transaction UNP Common Stock Award $2,240 +9 +0.01% $249.45 104,119 10 Feb 2024 Direct 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 +17,814 $0.000000 17,814 08 Feb 2024 Common Stock 17,814 $248.82 Direct F3
* 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 This option becomes exercisable in three equal installments starting one year from the grant date.