SEC Form 4 · accession 0001127602-15-021101
UNITED THERAPEUTICS Corp · UTHR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Louis W Sullivan
Director
Period of report
Jun 18, 2015
Accepted (ET)
Jun 22, 2015 · 6:47 am 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 | Jun 18, 2015 | M | 30,000 | $41.14 | A | 30,000 | D | |
| Common Stock | Jun 18, 2015 | D | 30,000 | $185.78 | D | 0 | D | |
| Common StockF2 | Jun 18, 2015 | M | 15,000 | $30.75 | A | 15,000 | D | |
| Common StockF3 | Jun 18, 2015 | S | 15,000 | $185.5982 | D | 0 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Share Tracking AwardF2 | $41.14 | Jun 18, 2015 | M | 30,000 | D | Jun 26, 2010 | Jun 26, 2019 | Common Stock | 30,000 | 0 | D |
| Stock OptionsF2 | $30.75 | Jun 18, 2015 | M | 15,000 | D | Apr 29, 2009 | Apr 29, 2018 | Common Stock | 15,000 | 15,000 | D |
Explanation of responses
- F1Exercise of a cash-settled share tracking award.
- F2Exercise price and number of shares/awards has been adjusted to reflect the issuer's two-for-one stock split on September 22, 2009.
- F3This transaction was executed in multiple trades at prices ranging from $185.25 to $186.10. 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.