SEC Form 4 · accession 0000100885-19-000072
UNION PACIFIC CORP · UNP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kenyatta G Rocker
Officer — EVP MARKETING & SALES
Period of report
Feb 7, 2019
Accepted (ET)
Feb 11, 2019 · 12:19 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 | Feb 7, 2019 | A | 6,686 | $0.00 | A | 30,433 | D | |
| Common Stock | Feb 7, 2019 | D | 794 | $0.00 | D | 29,639 | D | |
| Common Stock | Feb 7, 2019 | F | 725 | $161.57 | D | 28,914 | D | |
| Common Stock | Feb 7, 2019 | A | 87 | $0.00 | A | 771 | I | by Spouse |
| Common StockF2 | holding | — | — | — | 1,715 | 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)F3 | $161.57 | Feb 7, 2019 | A | 11,856 | A | Feb 7, 2020 | Feb 7, 2029 | Common Stock | 11,856 | 11,856 | D |
Explanation of responses
- F1Performance retention unit award with a distribution ratio of 1:1. This award is payable only in shares of common stock with a three year vesting period from the grant date. The amount of shares in column 4 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.
- F2Includes holdings in Union Pacific's Payroll-based and Tax-reduction stock ownership plans and 401(k) plan.
- F3This option becomes exercisable in three equal installments starting one year from the grant date.