SEC Form 4 · accession 0000100885-15-000054
UNION PACIFIC CORP · UNP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lance M Fritz
Officer — PRESIDENT & CEO
Period of report
Feb 13, 2015
Accepted (ET)
Feb 17, 2015 · 7:56 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000100885
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 13, 2015 | M | 54,972 | $57.37 | A | 273,361 | D | |
| Common Stock | Feb 13, 2015 | F | 25,468 | $123.83 | D | 247,893 | D | |
| Common Stock | Feb 13, 2015 | F | 14,487 | $123.83 | D | 233,406 | D | |
| Common StockF1 | holding | — | — | — | 32,767 | I | By Deferral Account | |
| Common Stock | holding | — | — | — | 41,360 | I | by Trust | |
| Common Stock | holding | — | — | — | 60,154 | I | by Trust 2 |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (right to buy)F2 | $57.37 | Feb 13, 2015 | M | 54,972 | D | Feb 2, 2013 | Feb 2, 2022 | Common Stock | 54,972 | 0 | D |
Explanation of responses
- F1Represents 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.
- F2This option became exercisable in three equal installments starting one year from the grant date.