Michael Benkowitz - Sep 7, 2021 Form 4 Insider Report for UNITED THERAPEUTICS Corp (UTHR)

Signature
/s/ John S. Hess, Jr. under Power of Attorney
Stock symbol
UTHR
Transactions as of
Sep 7, 2021
Transactions value $
-$616,600
Form type
4
Date filed
9/8/2021, 06:19 PM
Previous filing
Sep 2, 2021
Next filing
Sep 10, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UTHR Common Stock Options Exercise $215K +4K +178.97% $53.83 6.24K Sep 7, 2021 Direct F1
transaction UTHR Common Stock Disposed to Issuer -$832K -4K -64.15% $207.98 2.24K Sep 7, 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 -4K -6.25% $0.00 60K Sep 7, 2021 Common Stock 4K $53.83 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.