PAUL A. MAHON - 20 Jun 2024 Form 4 Insider Report for UNITED THERAPEUTICS Corp (UTHR)

Role: EVP & GENERAL COUNSEL
Signature: /s/ John S. Hess, Jr. under Power of Attorney
Issuer symbol: UTHR
Transactions as of: 20 Jun 2024
Net transactions value: -$3,642,000
Form type: 4
Filing time: 24 Jun 2024, 16:30:06 UTC
Previous filing: 04 Apr 2024
Next filing: 23 Sep 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	UTHR	Common Stock	Options Exercise	$4,082,500	+25,000	+68%	$163.30	61,710	20 Jun 2024	Direct	F1
transaction	UTHR	Common Stock	Disposed to Issuer	$7,724,500	-25,000	-41%	$308.98	36,710	20 Jun 2024	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	-25,000	-22%	$0.000000	91,250	20 Jun 2024	Common Stock	25,000	$163.30	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	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.