Tommy G. Thompson - 23 Nov 2022 Form 4 Insider Report for UNITED THERAPEUTICS Corp (UTHR)

Role: Director
Signature: /s/ John S. Hess, Jr. under Power of Attorney
Issuer symbol: UTHR
Transactions as of: 23 Nov 2022
Transactions value $: $-1,014,800
Form type: 4
Filing time: 25 Nov 2022, 15:30:15 UTC
Previous filing: 15 Nov 2022
Next filing: 15 Dec 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	UTHR	Common Stock	Options Exercise	$319,500	+5,000	+65.8%	$63.90	12,600	23 Nov 2022	Direct	F1
transaction	UTHR	Common Stock	Disposed to Issuer	$-1,334,300	-5,000	-39.7%	$266.86	7,600	23 Nov 2022	Direct	F1
holding	UTHR	Common Stock						5,800	23 Nov 2022	Family LLC
holding	UTHR	Common Stock						8,200	23 Nov 2022	Trust

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	-5,000	-33.3%	$0.000000	10,000	23 Nov 2022	Common Stock	5,000	$63.90	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Exercise of share tracking awards set to expire 6/25/2023. 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.