Rahul Jalali - 08 Feb 2024 Form 4 Insider Report for UNION PACIFIC CORP (UNP)

Role
EVP & CHIEF INFORMATION OFFICE
Signature
By: Trevor L. Kingston, Attorney-in-Fact For: Rahul Jalali
Issuer symbol
UNP
Transactions as of
08 Feb 2024
Net transactions value
-$248,811
Form type
4
Filing time
12 Feb 2024, 09:17:37 UTC
Previous filing
11 Sep 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 +7,236 +35% $0.000000 28,057 08 Feb 2024 Direct F1
transaction UNP Common Stock Disposed to Issuer $0 -1,412 -5% $0.000000 26,645 08 Feb 2024 Direct
transaction UNP Common Stock Tax liability $251,308 -1,010 -3.8% $248.82 25,635 08 Feb 2024 Direct
transaction UNP Common Stock Award $2,497 +10 +0.04% $249.45 25,645 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 +9,717 $0.000000 9,717 08 Feb 2024 Common Stock 9,717 $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.