UNITED THERAPEUTICS CORP DEL

Ticker: UTHR CUSIP: 91307C102 Class: EQTY

Pine River Capital Management L.P.'s Holding History (CIK: 0001288136)

Note: Option positions (PUT/CALL) are excluded.

Q1 2016

Shares 4,100 Value ($000) $457 Avg Close $126.54 Range $107.04 - $159.96

Q4 2015

Shares 2,653 Value ($000) $415 Avg Close $145.57 Range $117.88 - $164.04

Q3 2015

Shares 3,800 Value ($000) $499 Avg Close $160.39 Range $129.48 - $181.03

Q2 2015

Shares 2,900 Value ($000) $504 Avg Close $179.89 Range $157.20 - $190.29

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2016	4,100	$457	$126.54	$107.04 - $159.96
Q4 2015	2,653	$415	$145.57	$117.88 - $164.04
Q3 2015	3,800	$499	$160.39	$129.48 - $181.03
Q2 2015	2,900	$504	$179.89	$157.20 - $190.29