Michael Benkowitz - Sep 23, 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 23, 2021
Transactions value $
-$586,560
Form type
4
Date filed
9/24/2021, 04:31 PM
Previous filing
Sep 22, 2021
Next filing
Oct 8, 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 23, 2021 Direct F1
transaction UTHR Common Stock Disposed to Issuer -$802K -4K -64.15% $200.47 2.24K Sep 23, 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 -9.09% $0.00 40K Sep 23, 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.