Elizabeth F. Whited - 08 Feb 2024 Form 4 Insider Report for UNION PACIFIC CORP (UNP)

Role
PRESIDENT
Signature
By: Trevor L. Kingston, Attorney-in-Fact For: Elizabeth F. Whited
Issuer symbol
UNP
Transactions as of
08 Feb 2024
Net transactions value
-$576,951
Form type
4
Filing time
12 Feb 2024, 09:26:47 UTC
Previous filing
14 Nov 2023
Next filing
16 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UNP Common Stock Award $0 +19,292 +41% $0.000000 66,010 08 Feb 2024 Direct F1
transaction UNP Common Stock Disposed to Issuer $0 -3,259 -4.9% $0.000000 62,751 08 Feb 2024 Direct
transaction UNP Common Stock Tax liability $579,751 -2,330 -3.7% $248.82 60,421 08 Feb 2024 Direct
transaction UNP Common Stock Award $2,800 +11 +0.02% $249.45 60,432 10 Feb 2024 Direct F2
holding UNP Common Stock 14,518 08 Feb 2024 By Deferral Account F3
holding UNP Common Stock 23,604 08 Feb 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 +25,911 $0.000000 25,911 08 Feb 2024 Common Stock 25,911 $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.