Louis W. Sullivan - 11 May 2021 Form 4 Insider Report for UNITED THERAPEUTICS Corp (UTHR)

Role
Director
Signature
/s/ John S. Hess, Jr. under Power of Attorney
Issuer symbol
UTHR
Transactions as of
11 May 2021
Net transactions value
-$3,550,050
Form type
4
Filing time
12 May 2021, 16:34:44 UTC
Previous filing
11 May 2021
Next filing
24 May 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UTHR Common Stock Options Exercise $958,500 +15,000 +159% $63.90 24,420 11 May 2021 Direct F1
transaction UTHR Common Stock Disposed to Issuer $2,914,500 -15,000 -61% $194.30 9,420 11 May 2021 Direct F1
transaction UTHR Common Stock Options Exercise $1,320,450 +15,000 +159% $88.03 24,420 11 May 2021 Direct F1
transaction UTHR Common Stock Disposed to Issuer $2,914,500 -15,000 -61% $194.30 9,420 11 May 2021 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction UTHR Share Tracking Award Options Exercise $0 -15,000 -100% $0.000000* 0 11 May 2021 Common Stock 15,000 $63.90 Direct F1
transaction UTHR Share Tracking Award Options Exercise $0 -15,000 -100% $0.000000* 0 11 May 2021 Common Stock 15,000 $88.03 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Share tracking awards are non-dilutive cash-settled stock appreciation rights, which may only be settled in cash and may not be converted into shares of common stock.