UNITED THERAPEUTICS Corp — Director's Dealing 2012

Aug 3, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: UNITED THERAPEUTICS Corp (UTHR)
CIK: 0001082554
Period of Report: 2012-08-02

Reporting Person: Ferrari John Maxim (CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-08-02	Common Stock	M	5500	$25.315	Acquired	5500	Direct
2012-08-02	Common Stock	S	5500	$53.75	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-08-02	Share Tracking Award	$25.315	M	5500	Disposed	2018-09-15	Common Stock (5500)	Direct

Footnotes

F1: Exercise of a cash-settled share tracking award.

F2: This exercise of share tracking awards was pursuant to a Rule 10b5-1 trading plan entered into by the reporting person.

F3: Exercise price and number of shares/awards has been adjusted to reflect the issuer's two-for-one stock split on September 22, 2009.