Martine A. Rothblatt - 27 Mar 2024 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
27 Mar 2024
Net transactions value
-$3,190,902
Form type
4
Filing time
29 Mar 2024, 16:30:26 UTC
Previous filing
27 Mar 2024
Next filing
03 Apr 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UTHR Common Stock Options Exercise $1,942,350 +15,000 +11538% $129.49 15,130 27 Mar 2024 Direct F1
transaction UTHR Common Stock Sale $7,352 -31 -0.2% $237.15 15,099 27 Mar 2024 Direct F1, F2
transaction UTHR Common Stock Sale $337,910 -1,418 -9.4% $238.30 13,681 27 Mar 2024 Direct F1, F3
transaction UTHR Common Stock Sale $307,247 -1,283 -9.4% $239.48 12,398 27 Mar 2024 Direct F1, F4
transaction UTHR Common Stock Sale $185,810 -773 -6.2% $240.38 11,625 27 Mar 2024 Direct F1, F5
transaction UTHR Common Stock Sale $806,814 -3,340 -29% $241.56 8,285 27 Mar 2024 Direct F1, F6
transaction UTHR Common Stock Sale $1,150,822 -4,748 -57% $242.38 3,537 27 Mar 2024 Direct F1, F7
transaction UTHR Common Stock Sale $707,764 -2,909 -82% $243.30 628 27 Mar 2024 Direct F1, F8
transaction UTHR Common Stock Sale $100,405 -409 -65% $245.49 219 27 Mar 2024 Direct F1, F9
transaction UTHR Common Stock Sale $492 -2 -0.91% $246.24 217 27 Mar 2024 Direct F1
transaction UTHR Common Stock Sale $21,629 -87 -40% $248.61 130 27 Mar 2024 Direct F1
transaction UTHR Common Stock Options Exercise $1,829,046 +14,125 +10865% $129.49 14,255 28 Mar 2024 Direct F1
transaction UTHR Common Stock Sale $424,779 -1,842 -13% $230.61 12,413 28 Mar 2024 Direct F1, F10
transaction UTHR Common Stock Sale $589,783 -2,545 -21% $231.74 9,868 28 Mar 2024 Direct F1, F11
transaction UTHR Common Stock Sale $281,860 -1,212 -12% $232.56 8,656 28 Mar 2024 Direct F1, F12
transaction UTHR Common Stock Sale $13,796 -59 -0.68% $233.83 8,597 28 Mar 2024 Direct F1, F13
transaction UTHR Common Stock Sale $101,526 -432 -5% $235.01 8,165 28 Mar 2024 Direct F1, F14
transaction UTHR Common Stock Sale $24,150 -102 -1.2% $236.76 8,063 28 Mar 2024 Direct F1, F15
transaction UTHR Common Stock Sale $144,100 -608 -7.5% $237.01 7,455 28 Mar 2024 Direct F1, F16
transaction UTHR Common Stock Sale $557,238 -2,336 -31% $238.54 5,119 28 Mar 2024 Direct F1, F17
transaction UTHR Common Stock Sale $534,623 -2,234 -44% $239.31 2,885 28 Mar 2024 Direct F1, F18
transaction UTHR Common Stock Sale $376,419 -1,565 -54% $240.52 1,320 28 Mar 2024 Direct F1, F19
transaction UTHR Common Stock Sale $242,008 -1,002 -76% $241.53 318 28 Mar 2024 Direct F1, F20
transaction UTHR Common Stock Sale $5,093 -21 -6.6% $242.53 297 28 Mar 2024 Direct F1, F21
transaction UTHR Common Stock Sale $40,677 -167 -56% $243.58 130 28 Mar 2024 Direct F1, F22

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 -15,000 -3.1% $0.000000 461,654 27 Mar 2024 Common Stock 15,000 $129.49 Direct F1
transaction UTHR Stock Options Options Exercise $0 -14,125 -3.1% $0.000000 447,529 28 Mar 2024 Common Stock 14,125 $129.49 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

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 on August 4, 2023. This plan will continue until the earlier of: (a) exhaustion of a tranche of 723,869 stock options that expire December 31, 2024; or (b) August 31, 2024.
F2 This transaction was executed in multiple trades at prices ranging from $236.545 to $237.51. 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 $237.765 to $238.76. 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 $238.97 to $239.965. 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 $239.98 to $240.975. 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 $240.985 to $241.98. 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 $241.99 to $242.98. 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 transaction was executed in multiple trades at prices ranging from $243.025 to $243.97. 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.
F9 This transaction was executed in multiple trades at prices ranging from $244.915 to $245.815. 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.
F10 This transaction was executed in multiple trades at prices ranging from $230.105 to $231.06. 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.
F11 This transaction was executed in multiple trades at prices ranging from $231.26 to $232.22. 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.
F12 This transaction was executed in multiple trades at prices ranging from $232.31 to $232.99. 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.
F13 This transaction was executed in multiple trades at prices ranging from $233.32 to $233.885. 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.
F14 This transaction was executed in multiple trades at prices ranging from $234.73 to $235.655. 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.
F15 This transaction was executed in multiple trades at prices ranging from $235.84 to $236.78. 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.
F16 This transaction was executed in multiple trades at prices ranging from $236.875 to $237.535. 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.
F17 This transaction was executed in multiple trades at prices ranging from $237.975 to $238.965. 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.
F18 This transaction was executed in multiple trades at prices ranging from $238.99 to $239.98. 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.
F19 This transaction was executed in multiple trades at prices ranging from $240.01 to $240.98. 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.
F20 This transaction was executed in multiple trades at prices ranging from $241.055 to $242.01. 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.
F21 This transaction was executed in multiple trades at prices ranging from $242.47 to $242.775. 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.
F22 This transaction was executed in multiple trades at prices ranging from $243.57 to $243.82. 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.