Paul A. Mahon - Jun 20, 2024 Form 4 Insider Report for UNITED THERAPEUTICS Corp (UTHR)

Role: EVP & GENERAL COUNSEL
Signature: /s/ John S. Hess, Jr. under Power of Attorney
Stock symbol: UTHR
Transactions as of: Jun 20, 2024
Transactions value $: -$3,642,000
Form type: 4
Date filed: 6/24/2024, 04:30 PM
Previous filing: Apr 4, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	UTHR	Common Stock	Options Exercise	$4.08M	+25K	+68.1%	$163.30	61.7K	Jun 20, 2024	Direct	F1
transaction	UTHR	Common Stock	Disposed to Issuer	-$7.72M	-25K	-40.51%	$308.98	36.7K	Jun 20, 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	-25K	-21.51%	$0.00	91.3K	Jun 20, 2024	Common Stock	25K	$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.