Martine A. Rothblatt - 01 Aug 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
01 Aug 2024
Net transactions value
-$1,402,781
Form type
4
Filing time
05 Aug 2024, 16:30:10 UTC
Previous filing
02 Aug 2024
Next filing
07 Aug 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 01 Aug 2024 Direct F1
transaction UTHR Common Stock Sale $12,492 -40 -1.1% $312.29 3,690 01 Aug 2024 Direct F1
transaction UTHR Common Stock Sale $38,891 -123 -3.3% $316.18 3,567 01 Aug 2024 Direct F1, F2
transaction UTHR Common Stock Sale $69,819 -220 -6.2% $317.36 3,347 01 Aug 2024 Direct F1, F3
transaction UTHR Common Stock Sale $64,373 -202 -6% $318.68 3,145 01 Aug 2024 Direct F1, F4
transaction UTHR Common Stock Sale $64,591 -202 -6.4% $319.76 2,943 01 Aug 2024 Direct F1, F5
transaction UTHR Common Stock Sale $85,292 -265 -9% $321.86 2,678 01 Aug 2024 Direct F1, F6
transaction UTHR Common Stock Sale $151,181 -468 -17% $323.04 2,210 01 Aug 2024 Direct F1, F7
transaction UTHR Common Stock Sale $66,416 -205 -9.3% $323.98 2,005 01 Aug 2024 Direct F1, F8
transaction UTHR Common Stock Sale $245,336 -754 -38% $325.38 1,251 01 Aug 2024 Direct F1, F9
transaction UTHR Common Stock Sale $79,557 -244 -20% $326.05 1,007 01 Aug 2024 Direct F1, F10
transaction UTHR Common Stock Sale $79,607 -243 -24% $327.60 764 01 Aug 2024 Direct F1, F11
transaction UTHR Common Stock Sale $173,248 -527 -69% $328.74 237 01 Aug 2024 Direct F1, F12
transaction UTHR Common Stock Sale $35,264 -107 -45% $329.57 130 01 Aug 2024 Direct F1, F13
transaction UTHR Common Stock Options Exercise $466,164 +3,600 +2769% $129.49 3,730 02 Aug 2024 Direct F1
transaction UTHR Common Stock Sale $190,699 -594 -16% $321.04 3,136 02 Aug 2024 Direct F1, F14
transaction UTHR Common Stock Sale $127,578 -396 -13% $322.17 2,740 02 Aug 2024 Direct F1, F15
transaction UTHR Common Stock Sale $103,473 -320 -12% $323.35 2,420 02 Aug 2024 Direct F1, F16
transaction UTHR Common Stock Sale $69,743 -215 -8.9% $324.38 2,205 02 Aug 2024 Direct F1, F17
transaction UTHR Common Stock Sale $335,302 -1,030 -47% $325.54 1,175 02 Aug 2024 Direct F1, F18
transaction UTHR Common Stock Sale $125,381 -384 -33% $326.51 791 02 Aug 2024 Direct F1, F19
transaction UTHR Common Stock Sale $168,140 -513 -65% $327.76 278 02 Aug 2024 Direct F1, F20
transaction UTHR Common Stock Sale $48,729 -148 -53% $329.25 130 02 Aug 2024 Direct F1
holding UTHR Common Stock 166 01 Aug 2024 By Spouse
holding UTHR Common Stock 245,909 01 Aug 2024 By Trust F21
holding UTHR Common Stock 1,245 01 Aug 2024 By Trust F22
holding UTHR Common Stock 28,170 01 Aug 2024 By Trust F23
holding UTHR Common Stock 324,518 01 Aug 2024 By Trust F24
holding UTHR Common Stock 45,596 01 Aug 2024 By Trust F25

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 -5.9% $0.000000 57,869 01 Aug 2024 Common Stock 3,600 $129.49 Direct F1
transaction UTHR Stock Options Options Exercise $0 -3,600 -6.2% $0.000000 54,269 02 Aug 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 $315.45 to $316.435. 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 $316.85 to $317.72. 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 $318.18 to $319.075. 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 $319.64 to $319.91. 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.
F6 This transaction was executed in multiple trades at prices ranging from $321.445 to $322.17. 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 $322.54 to $323.445. 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 $323.74 to $324.245. 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 $324.83 to $325.795. 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.
F10 This transaction was executed in multiple trades at prices ranging from $325.84 to $326.46. 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 $327.235 to $327.965. 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.
F12 This transaction was executed in multiple trades at prices ranging from $328.26 to $329.205. 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 $329.395 to $329.66. 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 $320.515 to $321.465. 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 $321.69 to $322.60. 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 $322.92 to $323.915. 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 $324.08 to $325.005. 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 $325.18 to $326.00. 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 $326.31 to $326.90. 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 $327.425 to $328.02. 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 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.
F22 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.
F23 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.
F24 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.
F25 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.