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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
1227314	Judith Richards Hope	Paul Hastings Janofsky &Amp; Walker 875 15Th Street Nw Washington DC 20005		Yes	No	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2016-03-11	7,400	$24.25	31,940	No	4	M	Direct
Common Stock	Disposition	2016-03-11	4,000	$81.15	27,940	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
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	2016-03-11	7,400	$0.00	7,400	$24.25

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0	2008-01-30	2017-01-30	No	4	M	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	1,200	Indirect	by Daughter

Footnotes

This transaction was executed in multiple trades at prices ranging from $81.15 to $81.16. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
The reporting person disclaims beneficial ownership of these securities.