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UNION PACIFIC CORP Director's Dealing 2020

Jan 6, 2020

29834_dirs_2020-01-06_25462b66-91cc-40b9-89c2-919caf822451.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: UNION PACIFIC CORP (UNP)
CIK: 0000100885
Period of Report: 2018-05-18

Reporting Person: Patel Bhavesh V. (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-05-18	Common Stock	P	20	$143.8025	Acquired	4173.0439	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-01-02	Phantom Stock	$0.0	A	231	Acquired		Common Stock (231)	Direct

Footnotes

F1: Current balance of 4,173.0439 includes shares acquired through dividend reinvestment.

F2: The reporting person's broker had discretionary authority and made a purchase of 20 shares of Union Pacific Corporation common stock in a managed S&P 500 account.

F3: Distribution ratio for Phantom Stock Units is 1:1.

F4: Phantom Stock Units are payable in cash only commencing at retirement.