Martine A. Rothblatt - 31 Mar 2023 Form 4 Insider Report for UNITED THERAPEUTICS Corp (UTHR)

Signature
/s/ John S. Hess, Jr. under Power of Attorney
Issuer symbol
UTHR
Transactions as of
31 Mar 2023
Net transactions value
-$867,562
Form type
4
Filing time
03 Apr 2023, 16:51:33 UTC
Previous filing
31 Mar 2023
Next filing
07 Apr 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UTHR Common Stock Options Exercise $904,640 +8,000 +6154% $113.08 8,130 31 Mar 2023 Direct F1
transaction UTHR Common Stock Sale $227,702 -1,040 -13% $218.94 7,090 31 Mar 2023 Direct F1, F2
transaction UTHR Common Stock Sale $419,396 -1,906 -27% $220.04 5,184 31 Mar 2023 Direct F1, F3
transaction UTHR Common Stock Sale $191,245 -861 -17% $222.12 4,323 31 Mar 2023 Direct F1, F4
transaction UTHR Common Stock Sale $418,090 -1,873 -43% $223.22 2,450 31 Mar 2023 Direct F1, F5
transaction UTHR Common Stock Sale $243,362 -1,087 -44% $223.88 1,363 31 Mar 2023 Direct F1, F6
transaction UTHR Common Stock Sale $272,407 -1,233 -90% $220.93 130 31 Mar 2023 Direct F1, F7
holding UTHR Common Stock 166 31 Mar 2023 By Spouse
holding UTHR Common Stock 644,183 31 Mar 2023 By Trusts

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 Options Exercise $0 -8,000 -4.5% $0.000000 168,000 31 Mar 2023 Common Stock 8,000 $113.08 Direct F1
holding UTHR Stock Options 294,000 31 Mar 2023 Common Stock 294,000 $120.26 By Trusts F8
holding UTHR Stock Options 240,000 31 Mar 2023 Common Stock 240,000 $146.03 By Trusts F8
holding UTHR Stock Options 100,000 31 Mar 2023 Common Stock 100,000 $146.03 By Trusts F8
holding UTHR Stock Options 244,122 31 Mar 2023 Common Stock 244,122 $146.03 By Trusts F8
holding UTHR Stock Options 150,288 31 Mar 2023 Common Stock 150,288 $146.03 By Trusts F8
holding UTHR Stock Options 285,103 31 Mar 2023 Common Stock 285,103 $111.00 By Trusts F8
holding UTHR Stock Options 213,827 31 Mar 2023 Common Stock 213,827 $111.00 By Trusts F8
holding UTHR Stock Options 500,000 31 Mar 2023 Common Stock 500,000 $135.42 By Trusts F8
holding UTHR Stock Options 500,000 31 Mar 2023 Common Stock 500,000 $117.76 By Trusts F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This exercise and sale of stock options was pursuant to a pre-arranged 10b5-1 trading plan entered into by the reporting person. This plan will continue until the earlier of: (a) exhaustion of a tranche of 1,000,000 stock options that expire December 31, 2023; or (b) July 31, 2023.
F2 This transaction was executed in multiple trades at prices ranging from $218.44 to $219.305. The price reported above reflects the weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F3 This transaction was executed in multiple trades at prices ranging from $219.455 to $220.43. The price reported above reflects the weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F4 This transaction was executed in multiple trades at prices ranging from $221.595 to $222.565. The price reported above reflects the weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F5 This transaction was executed in multiple trades at prices ranging from $222.605 to $223.58. The price reported above reflects the weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F6 This transaction was executed in multiple trades at prices ranging from $223.61 to $224.10. The price reported above reflects the weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F7 This transaction was executed in multiple trades at prices ranging from $220.465 to $221.44. The price reported above reflects the weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F8 This stock option was transferred to a trust beneficially owned by the reporting person on March 31, 2023.