LANCE M. FRITZ - 09 Feb 2023 Form 4 Insider Report for UNION PACIFIC CORP (UNP)

Role
CHAIRMAN PRESIDENT & CEO
Signature
By: Trevor L. Kingston, Attorney-in-Fact For: Lance M. Fritz
Issuer symbol
UNP
Transactions as of
09 Feb 2023
Transactions value $
-$2,068,728
Form type
4
Filing time
13 Feb 2023, 11:43:31 UTC
Previous filing
07 Dec 2022
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 -43.3K -7.53% $0.00 532K 09 Feb 2023 Direct
transaction UNP Common Stock Tax liability -$2.08M -10.2K -1.92% $202.81 522K 09 Feb 2023 Direct
transaction UNP Common Stock Award $0 +71K +13.61% $0.00 593K 09 Feb 2023 Direct F1
transaction UNP Common Stock Award $7.44K +36.2 +0.01% $205.50 593K 10 Feb 2023 Direct F2
holding UNP Common Stock 51K 09 Feb 2023 By Deferral Account F3
holding UNP Common Stock 82.3K 09 Feb 2023 by GRAT I
holding UNP Common Stock 21.8K 09 Feb 2023 by Trust
holding UNP Common Stock 48.8K 09 Feb 2023 by Trust 2

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 +99.4K $0.00 99.4K 09 Feb 2023 Common Stock 99.4K $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 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.