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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
100885	Union Pacific Corp	UNP	Railroads, Line-Haul Operating (4011)	132626465

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1544184	L Eric Butler	1400 Douglas Street Omaha NE 68179	Evp & Chief Admin Officer	No	Yes	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Acquisiton	2016-12-09	14,346	$46.80	232,538	No	4	M	Direct
Common Stock	Disposition	2016-12-09	10,476	$104.94	222,062	No	4	S	Direct
Common Stock	Acquisiton	2016-12-09	12,722	$30.49	234,784	No	4	M	Direct
Common Stock	Disposition	2016-12-09	12,722	$104.94	222,062	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	S	Direct
No	4	M	Direct
No	4	S	Direct

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Non-Qualified Stock Option (right to buy)	Disposition	2016-12-09	12,722	$0.00	12,722	$30.49
Common Stock	Non-Qualified Stock Option (right to buy)	Disposition	2016-12-09	14,346	$0.00	14,346	$46.80

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0	2011-02-04	2020-02-04	No	4	M	Direct
0	2012-02-03	2021-02-03	No	4	M	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	670	Indirect	by Managed Account

Footnotes

This transaction was made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 11, 2016.
This option becomes exercisable in three equal installments starting one year from the grant date.
On 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.