SEC Form 4 · accession 0000100885-19-000032
UNION PACIFIC CORP · UNP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Vincenzo J Vena
Officer — CHIEF OPERATING OFFICER
Period of report
Jan 14, 2019
Accepted (ET)
Jan 16, 2019 · 6:13 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 StockF1 | Jan 14, 2019 | A | 31,192 | $0.00 | A | 31,192 | D |
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 | $153.89 | Jan 14, 2019 | A | 54,450 | A | Jan 14, 2020 | Jan 14, 2029 | Common Stock | 54,450 | 54,450 | D |
Explanation of responses
- F1Performance retention unit award with a distribution ratio of 1:1. On 1/14/2019, the reporting person was granted 15,596 Performance Stock Units at target, 50% of which will be earned on 1/14/2020, and 50% of which will be earned on 1/14/2021. The amount of shares in column 4, 31,192 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.
- F2This option becomes exercisable in two equal installments starting one year from the grant date.