Paul A. Mahon - Aug 5, 2021 Form 4 Insider Report for UNITED THERAPEUTICS Corp (UTHR)

Role: EVP & General Counsel
Signature: /s/ John S. Hess, Jr. under Power of Attorney
Stock symbol: UTHR
Transactions as of: Aug 5, 2021
Transactions value $: -$607,530
Form type: 4
Date filed: 8/6/2021, 04:32 PM
Previous filing: Jul 16, 2021
Next filing: Aug 24, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	UTHR	Common Stock	Options Exercise	$522K	+5.5K	+15.12%	$94.96	41.9K	Aug 5, 2021	Direct	F1
transaction	UTHR	Common Stock	Disposed to Issuer	-$1.13M	-5.5K	-13.14%	$205.42	36.4K	Aug 5, 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	-5.5K	-100%	$0.00^*	0	Aug 5, 2021	Common Stock	5.5K	$94.96	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	This exercise of share tracking awards was pursuant to a Rule 10b5-1 trading plan entered into by the reporting person. 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.