Martine A. Rothblatt - 28 Jun 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
28 Jun 2024
Net transactions value
-$1,368,111
Form type
4
Filing time
02 Jul 2024, 16:30:12 UTC
Previous filing
28 Jun 2024
Next filing
05 Jul 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UTHR Common Stock Options Exercise $466,164 +3,600 +2769% $129.49* 3,730 28 Jun 2024 Direct F1
transaction UTHR Common Stock Sale $317,042 -1,002 -27% $316.41 2,728 28 Jun 2024 Direct F1, F2
transaction UTHR Common Stock Sale $153,667 -484 -18% $317.49 2,244 28 Jun 2024 Direct F1, F3
transaction UTHR Common Stock Sale $237,139 -744 -33% $318.74 1,500 28 Jun 2024 Direct F1, F4
transaction UTHR Common Stock Sale $209,467 -655 -44% $319.80 845 28 Jun 2024 Direct F1, F5
transaction UTHR Common Stock Sale $229,511 -715 -85% $320.99 130 28 Jun 2024 Direct F1, F6
transaction UTHR Common Stock Options Exercise $466,164 +3,600 +2769% $129.49* 3,730 01 Jul 2024 Direct F1
transaction UTHR Common Stock Sale $40,270 -127 -3.4% $317.09 3,603 01 Jul 2024 Direct F1, F7
transaction UTHR Common Stock Sale $456,400 -1,431 -40% $318.94 2,172 01 Jul 2024 Direct F1, F8
transaction UTHR Common Stock Sale $237,467 -743 -34% $319.61 1,429 01 Jul 2024 Direct F1, F9
transaction UTHR Common Stock Sale $119,528 -372 -26% $321.31 1,057 01 Jul 2024 Direct F1, F10
transaction UTHR Common Stock Sale $84,113 -261 -25% $322.27 796 01 Jul 2024 Direct F1, F11
transaction UTHR Common Stock Sale $82,107 -254 -32% $323.26 542 01 Jul 2024 Direct F1, F12
transaction UTHR Common Stock Sale $133,729 -412 -76% $324.58 130 01 Jul 2024 Direct F1, F13
holding UTHR Common Stock 166 28 Jun 2024 By Spouse
holding UTHR Common Stock 245,909 28 Jun 2024 By Trust F14
holding UTHR Common Stock 2,706 28 Jun 2024 By Trust F15
holding UTHR Common Stock 28,170 28 Jun 2024 By Trust F16
holding UTHR Common Stock 324,518 28 Jun 2024 By Trust F17
holding UTHR Common Stock 45,596 28 Jun 2024 By Trust F18

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 -3,600 -2.5% $0.000000 140,669 28 Jun 2024 Common Stock 3,600 $129.49 Direct F1
transaction UTHR Stock Options Options Exercise $0 -3,600 -2.6% $0.000000 137,069 01 Jul 2024 Common Stock 3,600 $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 $315.965 to $316.91. 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 $317.05 to $317.845. 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 $318.25 to $319.195. 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 $319.41 to $320.25. 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 $320.57 to $321.19. 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 $317.01 to $317.27. 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 $318.23 to $319.215. 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 $319.295 to $319.905. 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 $320.66 to $321.63. 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 $321.76 to $322.695. 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 $322.84 to $323.79. 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 $324.25 to $324.92. 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 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.
F15 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.
F16 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.
F17 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.
F18 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.