Katherine J. Klein - Jul 8, 2021 Form 4 Insider Report for UNITED THERAPEUTICS Corp (UTHR)

Role
Director
Signature
/s/ John S. Hess, Jr. under Power of Attorney
Stock symbol
UTHR
Transactions as of
Jul 8, 2021
Transactions value $
$594,255
Form type
4
Date filed
7/9/2021, 04:52 PM
Previous filing
Jun 28, 2021
Next filing
Jul 8, 2022

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 Stock Options Award $594K +3.23K $183.98 3.23K Jul 8, 2021 Common Stock 3.23K $183.98 Direct F1, F2
transaction UTHR Restricted Stock Units Award $0 +1.08K $0.00 1.08K Jul 8, 2021 Common Stock 1.08K $0.00 Direct F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Annual non-employee director grant of stock options, which are awarded and priced each year on the date of the first board meeting following the issuer's Annual Meeting of Shareholders.
F2 Award becomes fully vested on the one-year anniversary of the grant date only if the reporting person attends at least 75% of the regularly scheduled meetings of the issuer's Board and his or her committee meetings from the date of grant until the date of the issuer's next annual meeting of shareholders.
F3 Each restricted stock unit represents the right to receive, following vesting, one share of United Therapeutics Corporation common stock.
F4 Annual non-employee director grant of restricted stock units, which are awarded each year on the date of the first board meeting following the issuer's Annual Meeting of Shareholders.