Louis W. Sullivan - May 11, 2021 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 11, 2021
Transactions value $
-$3,550,050
Form type
4
Date filed
5/12/2021, 04:34 PM
Previous filing
May 11, 2021
Next filing
May 24, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UTHR Common Stock Options Exercise $959K +15K +159.24% $63.90 24.4K May 11, 2021 Direct F1
transaction UTHR Common Stock Disposed to Issuer -$2.91M -15K -61.43% $194.30 9.42K May 11, 2021 Direct F1
transaction UTHR Common Stock Options Exercise $1.32M +15K +159.24% $88.03 24.4K May 11, 2021 Direct F1
transaction UTHR Common Stock Disposed to Issuer -$2.91M -15K -61.43% $194.30 9.42K May 11, 2021 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 -15K -100% $0.00* 0 May 11, 2021 Common Stock 15K $63.90 Direct F1
transaction UTHR Share Tracking Award Options Exercise $0 -15K -100% $0.00* 0 May 11, 2021 Common Stock 15K $88.03 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.