SEC Form 4/A · accession 0001127602-17-030074
UNITED THERAPEUTICS Corp · UTHR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Martine A Rothblatt
Officer — Chairman & CEO · Director
Period of report
Aug 10, 2017
Accepted (ET)
Oct 19, 2017 · 4:20 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 10, 2017 | M | 1,246 | $30.75 | A | 1,386 | D | |
| Common StockF2 | Aug 10, 2017 | S | 1,246 | $127.1078 | D | 140 | D | |
| Common Stock | holding | — | — | — | 166 | I | By Spouse | |
| Common Stock | holding | — | — | — | 668,733 | I | By Trusts |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionsF2,F3 | $30.75 | Aug 10, 2017 | M | 1,246 | D | Dec 26, 2009 | Dec 31, 2017 | Common Stock | 1,246 | 35,755 | 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. The transaction was structured as a broker-assisted cashless exercise, such that the number of shares sold was limited to a sufficient number to cover the exercise price of the options and anticipated taxes. The remaining shares are held by a trust beneficially owned by the reporting person.
- F2Adjusted downward to reflect the exercise and sale of 1,246 options/shares on August 10, 2017, which was initially reported in error as the exercise of 2,176 options/shares.
- F3Exercise price and number of shares/awards has been adjusted to reflect the issuer's two-for-one stock split on September 22, 2009.