Martine A. Rothblatt - 17 Jul 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
17 Jul 2024
Net transactions value
-$1,463,408
Form type
4
Filing time
19 Jul 2024, 16:30:08 UTC
Previous filing
17 Jul 2024
Next filing
23 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 17 Jul 2024 Direct F1
transaction UTHR Common Stock Sale $55,121 -168 -4.5% $328.10 3,562 17 Jul 2024 Direct F1, F2
transaction UTHR Common Stock Sale $17,901 -54 -1.5% $331.50 3,508 17 Jul 2024 Direct F1, F3
transaction UTHR Common Stock Sale $269,467 -810 -23% $332.67 2,698 17 Jul 2024 Direct F1, F4
transaction UTHR Common Stock Sale $350,507 -1,051 -39% $333.50 1,647 17 Jul 2024 Direct F1, F5
transaction UTHR Common Stock Sale $295,386 -883 -54% $334.53 764 17 Jul 2024 Direct F1, F6
transaction UTHR Common Stock Sale $162,652 -485 -63% $335.36 279 17 Jul 2024 Direct F1, F7
transaction UTHR Common Stock Sale $50,264 -149 -53% $337.34 130 17 Jul 2024 Direct F1, F8
transaction UTHR Common Stock Options Exercise $466,164 +3,600 +2769% $129.49* 3,730 18 Jul 2024 Direct F1
transaction UTHR Common Stock Sale $80,684 -245 -6.6% $329.32 3,485 18 Jul 2024 Direct F1, F9
transaction UTHR Common Stock Sale $329,177 -997 -29% $330.17 2,488 18 Jul 2024 Direct F1, F10
transaction UTHR Common Stock Sale $259,308 -782 -31% $331.60 1,706 18 Jul 2024 Direct F1, F11
transaction UTHR Common Stock Sale $264,410 -795 -47% $332.59 911 18 Jul 2024 Direct F1, F12
transaction UTHR Common Stock Sale $157,423 -472 -52% $333.52 439 18 Jul 2024 Direct F1, F13
transaction UTHR Common Stock Sale $103,437 -309 -70% $334.75 130 18 Jul 2024 Direct F1, F14
holding UTHR Common Stock 166 17 Jul 2024 By Spouse
holding UTHR Common Stock 245,909 17 Jul 2024 By Trust F15
holding UTHR Common Stock 1,742 17 Jul 2024 By Trust F16
holding UTHR Common Stock 28,170 17 Jul 2024 By Trust F17
holding UTHR Common Stock 324,518 17 Jul 2024 By Trust F18
holding UTHR Common Stock 45,596 17 Jul 2024 By Trust F19

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 -3.6% $0.000000 97,469 17 Jul 2024 Common Stock 3,600 $129.49 Direct F1
transaction UTHR Stock Options Options Exercise $0 -3,600 -3.7% $0.000000 93,869 18 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 $327.745 to $328.62. 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 $330.695 to $331.52. 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 $332.01 to $332.995. 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 $333.04 to $333.935. 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 $334.09 to $335.01. 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.
F7 This transaction was executed in multiple trades at prices ranging from $335.115 to $335.795. 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 $336.98 to $337.70. 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 $328.73 to $329.64. 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 $329.81 to $330.71. 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 $331.01 to $331.82. 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.
F12 This transaction was executed in multiple trades at prices ranging from $332.06 to $332.99. 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 $333.14 to $333.83. 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 $334.51 to $335.015. 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 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.
F16 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.
F17 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.
F18 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.
F19 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.