Martine A. Rothblatt - May 28, 2024 Form 4 Insider Report for UNITED THERAPEUTICS Corp (UTHR)

Role
Director
Signature
/s/ John S. Hess, Jr. under Power of Attorney
Stock symbol
UTHR
Transactions as of
May 28, 2024
Transactions value $
-$997,955
Form type
4
Date filed
5/30/2024, 04:30 PM
Previous filing
May 28, 2024
Next filing
Jun 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UTHR Common Stock Options Exercise $466K +3.6K +2769.23% $129.49 3.73K May 28, 2024 Direct F1
transaction UTHR Common Stock Sale -$79.3K -296 -7.94% $267.77 3.43K May 28, 2024 Direct F1, F2
transaction UTHR Common Stock Sale -$477K -1.78K -51.72% $268.78 1.66K May 28, 2024 Direct F1, F3
transaction UTHR Common Stock Sale -$389K -1.44K -86.97% $269.54 216 May 28, 2024 Direct F1, F4
transaction UTHR Common Stock Sale -$23.3K -86 -39.81% $271.26 130 May 28, 2024 Direct F1, F5
transaction UTHR Common Stock Options Exercise $466K +3.6K +2769.23% $129.49 3.73K May 29, 2024 Direct F1
transaction UTHR Common Stock Sale -$133K -501 -13.43% $265.22 3.23K May 29, 2024 Direct F1, F6
transaction UTHR Common Stock Sale -$214K -805 -24.93% $265.97 2.42K May 29, 2024 Direct F1, F7
transaction UTHR Common Stock Sale -$324K -1.21K -50% $267.59 1.21K May 29, 2024 Direct F1, F8
transaction UTHR Common Stock Sale -$290K -1.08K -89.27% $268.35 130 May 29, 2024 Direct F1, F9
holding UTHR Common Stock 166 May 28, 2024 By Spouse
holding UTHR Common Stock 246K May 28, 2024 By Trust F10
holding UTHR Common Stock 2.71K May 28, 2024 By Trust F11
holding UTHR Common Stock 28.2K May 28, 2024 By Trust F12
holding UTHR Common Stock 325K May 28, 2024 By Trust F13
holding UTHR Common Stock 45.6K May 28, 2024 By Trust F14

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 -3.6K -1.61% $0.00 220K May 28, 2024 Common Stock 3.6K $129.49 Direct F1
transaction UTHR Stock Options Options Exercise $0 -3.6K -1.64% $0.00 216K May 29, 2024 Common Stock 3.6K $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 $267.195 to $268.185. 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 $268.195 to $269.185. 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 $269.25 to $270.055. 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 $271.15 to $271.375. 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 $264.56 to $265.555. 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 $265.61 to $266.235. 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 $266.865 to $267.85. 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 $267.895 to $268.84. 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 Shares held in family trusts as to which the Reporting Person is sole trustee and sole beneficiary or co-trustee and settlor with power to revoke.
F11 Shares held in family trusts as to which the Reporting Person is sole trustee and members of the Reporting Person's immediate family are beneficiaries.
F12 Shares held in family trusts as to which the Reporting Person's spouse is sole trustee and sole beneficiary or co-trustee and settlor with power to revoke.
F13 Shares held in family trusts as to which the Reporting Person shares investment power and the Reporting Person and/or immediate family members are beneficiaries.
F14 Shares held in family trusts as to which the Reporting Person's spouse shares investment power and the Reporting Person and/or immediate family members are beneficiaries.