Elizabeth F. Whited - Feb 8, 2024 Form 4 Insider Report for UNION PACIFIC CORP (UNP)

Role
PRESIDENT
Signature
By: Trevor L. Kingston, Attorney-in-Fact For: Elizabeth F. Whited
Stock symbol
UNP
Transactions as of
Feb 8, 2024
Transactions value $
-$576,951
Form type
4
Date filed
2/12/2024, 09:26 AM
Previous filing
Nov 14, 2023
Next filing
Feb 16, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UNP Common Stock Award $0 +19.3K +41.29% $0.00 66K Feb 8, 2024 Direct F1
transaction UNP Common Stock Disposed to Issuer $0 -3.26K -4.94% $0.00 62.8K Feb 8, 2024 Direct
transaction UNP Common Stock Tax liability -$580K -2.33K -3.71% $248.82 60.4K Feb 8, 2024 Direct
transaction UNP Common Stock Award $2.8K +11.2 +0.02% $249.45 60.4K Feb 10, 2024 Direct F2
holding UNP Common Stock 14.5K Feb 8, 2024 By Deferral Account F3
holding UNP Common Stock 23.6K Feb 8, 2024 by Trust

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 +25.9K $0.00 25.9K Feb 8, 2024 Common Stock 25.9K $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 Purchase pursuant to the 2021 Employee Stock Purchase Plan.
F3 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.
F4 This option becomes exercisable in three equal installments starting one year from the grant date.