SEC Form 4 · accession 0000100885-16-000467
UNION PACIFIC CORP · UNP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Eric L Butler
Officer — EVP & CHIEF ADMIN OFFICER
Period of report
Dec 9, 2016
Accepted (ET)
Dec 12, 2016 · 3:30 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 | Dec 9, 2016 | M | 14,346 | $46.80 | A | 232,538 | D | |
| Common Stock | Dec 9, 2016 | S | 10,476 | $104.94 | D | 222,062 | D | |
| Common Stock | Dec 9, 2016 | M | 12,722 | $30.49 | A | 234,784 | D | |
| Common Stock | Dec 9, 2016 | S | 12,722 | $104.94 | D | 222,062 | D | |
| Common Stock | holding | — | — | — | 670 | I | by Managed Account |
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,F3 | $30.49 | Dec 9, 2016 | M | 12,722 | D | Feb 4, 2011 | Feb 4, 2020 | Common Stock | 12,722 | 0 | D |
| Non-Qualified Stock Option (right to buy)F2,F3 | $46.80 | Dec 9, 2016 | M | 14,346 | D | Feb 3, 2012 | Feb 3, 2021 | Common Stock | 14,346 | 0 | D |
Explanation of responses
- F1This transaction was made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 11, 2016.
- F2This option becomes exercisable in three equal installments starting one year from the grant date.
- F3On June 6, 2014, Union Pacific Corporation effected a 2-for-1 stock split in the form of a stock dividend. Amounts of securities and the grant price or prices with respect to options, if any, and restricted stock or restricted stock units, if any, reported on this form have been adjusted to reflect the stock split.