SEC Form 4 · accession 0001127602-15-017897
UNITED THERAPEUTICS Corp · UTHR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Roger Jeffs
Officer — President & Co-CEO · Director
Period of report
Aug 15, 2014
Accepted (ET)
May 19, 2015 · 8:45 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001082554
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2 | Aug 15, 2014 | M | 10,000 | $30.75 | A | 11,234 | D | |
| Common Stock | Aug 15, 2014 | S | 10,000 | $90.08 | D | 1,234 | D | |
| Common Stock | May 19, 2015 | M | 10,000 | $47.50 | A | 11,456 | D | |
| Common Stock | May 19, 2015 | D | 10,000 | $178.06 | D | 1,456 | D | |
| Common Stock | holding | — | — | — | 18,863 | I | By trust | |
| Common StockF4 | holding | — | — | — | 6,773 | I | By Jeffs Family LLC |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionsF5 | $30.75 | Aug 15, 2014 | M | 10,000 | D | Dec 26, 2009 | Dec 15, 2015 | Common Stock | 10,000 | 60,000 | D |
| Share Tracking Award | $47.50 | May 19, 2015 | M | 10,000 | D | Mar 15, 2013 | Mar 15, 2022 | Common Stock | 10,000 | 80,500 | D |
Explanation of responses
- F1This exercise of stock options and corresponding sale of shares was pursuant to a Rule 10b5-1 trading plan entered into by the reporting person.
- F2Exercise price and number of shares/awards has been adjusted to reflect the issuer's two-for-one stock split on September 22, 2009.
- F3Exercise of a cash-settled share tracking award.
- F4Shares held by a family limited liability company of which the reporting person and his spouse are managing members.
- F5Due to subsequent option exercises, all of which were previously reported on Form 4, the balance under this stock option grant is now zero.