UNION PACIFIC CORP — Director's Dealing 2020

Mar 20, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: UNION PACIFIC CORP (UNP)
CIK: 0000100885
Period of Report: 2020-03-19

Reporting Person: Vena Vincenzo J (CHIEF OPERATING OFFICER)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-03-19	Common Stock	A	39460	$0.0	Acquired	59426	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-03-19	Non-Qualified Stock Option (right to buy)	$121.65	A	82100	Acquired	2030-03-19	Common Stock (82100)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	3206	Indirect

Footnotes

F1: Performance retention unit award with a distribution ratio of 1:1. On March 19, 2020, the reporting person was granted 19,730 Performance Stock Units at target, 50% of which will vest on December 31, 2020, and 50% of which will vest on December 31, 2021. The amount of shares in column 4, 39,460 units, 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: This option becomes exercisable in two equal installments on December 31, 2020, and December 31, 2021.