UHS

SEC source: 0001127602-21-022539 · form4.xml · nonDerivative · entry 1

Gibbs Lawrence S. · CIK 0001521342 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,763

F1 · kind: All shares were sold at the same price of $160.00.

SEC source: 0001127602-21-016155 · form4.xml · derivative · entry 6

SUSSMAN ELLIOT J MD MBA · CIK 0001181000 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 5,000

Underlying: Class B Common Stock · 5,000 shares

Expires 2024-03-19

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F3 · derivative.exercise_date: Option vests ratably on each of 3/20/2020, 3/20/2021, 3/20/2022, and 3/20/2023.

SEC source: 0001127602-21-016155 · form4.xml · derivative · entry 5

SUSSMAN ELLIOT J MD MBA · CIK 0001181000 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,500

Underlying: Class B Common Stock · 7,500 shares

Expires 2023-04-12

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · derivative.exercise_date: Option vests ratably on each of 4/13/2019, 4/13/2020, 4/13/2021, and 4/13/2022.

SEC source: 0001127602-21-016155 · form4.xml · nonDerivative · entry 4

SUSSMAN ELLIOT J MD MBA · CIK 0001181000 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

F1 · kind: All shares were sold at the same price of $157.88.

SEC source: 0001127602-21-016155 · form4.xml · nonDerivative · entry 3

SUSSMAN ELLIOT J MD MBA · CIK 0001181000 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,553

SEC source: 0001127602-21-016155 · form4.xml · nonDerivative · entry 2

SUSSMAN ELLIOT J MD MBA · CIK 0001181000 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 12,500

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001127602-21-016155 · form4.xml · nonDerivative · entry 1

SUSSMAN ELLIOT J MD MBA · CIK 0001181000 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 7,500

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001127602-21-016150 · form4.xml · nonDerivative · entry 1

McDonnell Eileen C. · CIK 0001573561 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,577

F1 · kind: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $155.78 to $156.07, inclusive. The reporting person undertakes to provide Universal Health Services, Inc. (the "Company"), any stockholder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in Footnote 1.

SEC source: 0001127602-21-015416 · form4.xml · derivative · entry 25

Miller Marc D · CIK 0001315495 · Director · President and CEO

10b5-1 filing: Not disclosed

Ownership: Indirect · AMK 2014 LLC as held by Alan B. Miller

Disclosed balance after: 24,180

Underlying: Class B Common Stock · 24,180 shares

Expires not disclosed

F4 · derivative.exercise_price: The Class A Common Stock is convertible into Class B Common Stock on a share for share basis.

F3 · kind: On May 03, 2021, The Abby Miller King 2019 GRAT distributed 24.18044% of the AMK 2014 LLC to Alan B. Miller. Marc Miller disclaims any pecuniary interest in these shares. All distributions hereinbefore described were made pursuant to the terms of the Trust Agreement creating each 2019 GRAT. The AMK 2014 LLC holds 100,000 shares of Class B Common Stock and 100,000 shares of Class A Common Stock.

F5 · derivative.exercise_date: Immediately.

F6 · derivative.expiration_date: Not Applicable.

SEC source: 0001127602-21-015416 · form4.xml · derivative · entry 24

Miller Marc D · CIK 0001315495 · Director · President and CEO

10b5-1 filing: Not disclosed

Ownership: Indirect · AMK 2014 LLC as held by the Abby Miller King 2019 GRAT

Disclosed balance after: 0

Underlying: Class B Common Stock · 24,180 shares

Expires not disclosed

F4 · derivative.exercise_price: The Class A Common Stock is convertible into Class B Common Stock on a share for share basis.

F3 · kind: On May 03, 2021, The Abby Miller King 2019 GRAT distributed 24.18044% of the AMK 2014 LLC to Alan B. Miller. Marc Miller disclaims any pecuniary interest in these shares. All distributions hereinbefore described were made pursuant to the terms of the Trust Agreement creating each 2019 GRAT. The AMK 2014 LLC holds 100,000 shares of Class B Common Stock and 100,000 shares of Class A Common Stock.

F5 · derivative.exercise_date: Immediately.

F6 · derivative.expiration_date: Not Applicable.

SEC source: 0001127602-21-015416 · form4.xml · derivative · entry 23

Miller Marc D · CIK 0001315495 · Director · President and CEO

10b5-1 filing: Not disclosed

Ownership: Indirect · MS 2014 LLC as held by Alan B. Miller

Disclosed balance after: 24,180

Underlying: Class B Common Stock · 24,180 shares

Expires not disclosed

F4 · derivative.exercise_price: The Class A Common Stock is convertible into Class B Common Stock on a share for share basis.

F2 · kind: On May 03, 2021, The Marni Spencer 2019 GRAT distributed 24.18044% of the MS 2014 LLC to Alan B. Miller. Marc Miller disclaims any pecuniary interest in these shares. All distributions hereinbefore described were made pursuant to the terms of the Trust Agreement creating each 2019 GRAT. The MS 2014 LLC holds 100,000 shares of Class B Common Stock and 100,000 shares of Class A Common Stock.

F5 · derivative.exercise_date: Immediately.

F6 · derivative.expiration_date: Not Applicable.

SEC source: 0001127602-21-015416 · form4.xml · derivative · entry 22

Miller Marc D · CIK 0001315495 · Director · President and CEO

10b5-1 filing: Not disclosed

Ownership: Indirect · MS 2014 LLC as held by The Marni Spencer 2019 GRAT

Disclosed balance after: 0

Underlying: Class B Common Stock · 24,180 shares

Expires not disclosed

F4 · derivative.exercise_price: The Class A Common Stock is convertible into Class B Common Stock on a share for share basis.

F2 · kind: On May 03, 2021, The Marni Spencer 2019 GRAT distributed 24.18044% of the MS 2014 LLC to Alan B. Miller. Marc Miller disclaims any pecuniary interest in these shares. All distributions hereinbefore described were made pursuant to the terms of the Trust Agreement creating each 2019 GRAT. The MS 2014 LLC holds 100,000 shares of Class B Common Stock and 100,000 shares of Class A Common Stock.

F5 · derivative.exercise_date: Immediately.

F6 · derivative.expiration_date: Not Applicable.

SEC source: 0001127602-21-015416 · form4.xml · derivative · entry 21

Miller Marc D · CIK 0001315495 · Director · President and CEO

10b5-1 filing: Not disclosed

Ownership: Indirect · MDM 2014 LLC as held by Alan B. Miller

Disclosed balance after: 34,216

Underlying: Class B Common Stock · 34,216 shares

Expires not disclosed

F4 · derivative.exercise_price: The Class A Common Stock is convertible into Class B Common Stock on a share for share basis.

F1 · kind: On May 03, 2021, The Marc Daniel Miller 2019 GRAT distributed 22.81049% of the MDM 2014 LLC to Alan B. Miller. Marc Miller disclaims any pecuniary interest in these shares. All distributions hereinbefore described were made pursuant to the terms of the Trust Agreement creating each 2019 GRAT. The MDM 2014 LLC holds 200,000 shares of Class B Common Stock and 150,000 shares of Class A Common Stock.

F5 · derivative.exercise_date: Immediately.

F6 · derivative.expiration_date: Not Applicable.

SEC source: 0001127602-21-015416 · form4.xml · derivative · entry 20

Miller Marc D · CIK 0001315495 · Director · President and CEO

10b5-1 filing: Not disclosed

Ownership: Indirect · MDM 2014 LLC as held by the Marc Daniel Miller 2019 GRAT

Disclosed balance after: 0

Underlying: Class B Common Stock · 34,216 shares

Expires not disclosed

F4 · derivative.exercise_price: The Class A Common Stock is convertible into Class B Common Stock on a share for share basis.

F1 · kind: On May 03, 2021, The Marc Daniel Miller 2019 GRAT distributed 22.81049% of the MDM 2014 LLC to Alan B. Miller. Marc Miller disclaims any pecuniary interest in these shares. All distributions hereinbefore described were made pursuant to the terms of the Trust Agreement creating each 2019 GRAT. The MDM 2014 LLC holds 200,000 shares of Class B Common Stock and 150,000 shares of Class A Common Stock.

F5 · derivative.exercise_date: Immediately.

F6 · derivative.expiration_date: Not Applicable.

SEC source: 0001127602-21-015416 · form4.xml · nonDerivative · entry 6

Miller Marc D · CIK 0001315495 · Director · President and CEO

10b5-1 filing: Not disclosed

Ownership: Indirect · AMK 2014 LLC as held by Alan B. Miller

Disclosed balance after: 24,180

F3 · kind: On May 03, 2021, The Abby Miller King 2019 GRAT distributed 24.18044% of the AMK 2014 LLC to Alan B. Miller. Marc Miller disclaims any pecuniary interest in these shares. All distributions hereinbefore described were made pursuant to the terms of the Trust Agreement creating each 2019 GRAT. The AMK 2014 LLC holds 100,000 shares of Class B Common Stock and 100,000 shares of Class A Common Stock.

SEC source: 0001127602-21-015416 · form4.xml · nonDerivative · entry 5

Miller Marc D · CIK 0001315495 · Director · President and CEO

10b5-1 filing: Not disclosed

Ownership: Indirect · AMK 2014 LLC as held by The Abby Miller King 2019 GRAT

Disclosed balance after: 0

F3 · kind: On May 03, 2021, The Abby Miller King 2019 GRAT distributed 24.18044% of the AMK 2014 LLC to Alan B. Miller. Marc Miller disclaims any pecuniary interest in these shares. All distributions hereinbefore described were made pursuant to the terms of the Trust Agreement creating each 2019 GRAT. The AMK 2014 LLC holds 100,000 shares of Class B Common Stock and 100,000 shares of Class A Common Stock.

SEC source: 0001127602-21-015416 · form4.xml · nonDerivative · entry 4

Miller Marc D · CIK 0001315495 · Director · President and CEO

10b5-1 filing: Not disclosed

Ownership: Indirect · MS 2014 LLC as held by Alan B. Miller

Disclosed balance after: 24,180

F2 · kind: On May 03, 2021, The Marni Spencer 2019 GRAT distributed 24.18044% of the MS 2014 LLC to Alan B. Miller. Marc Miller disclaims any pecuniary interest in these shares. All distributions hereinbefore described were made pursuant to the terms of the Trust Agreement creating each 2019 GRAT. The MS 2014 LLC holds 100,000 shares of Class B Common Stock and 100,000 shares of Class A Common Stock.

SEC source: 0001127602-21-015416 · form4.xml · nonDerivative · entry 3

Miller Marc D · CIK 0001315495 · Director · President and CEO

10b5-1 filing: Not disclosed

Ownership: Indirect · MS 2014 LLC as held by The Marni Spencer 2019 GRAT

Disclosed balance after: 0

F2 · kind: On May 03, 2021, The Marni Spencer 2019 GRAT distributed 24.18044% of the MS 2014 LLC to Alan B. Miller. Marc Miller disclaims any pecuniary interest in these shares. All distributions hereinbefore described were made pursuant to the terms of the Trust Agreement creating each 2019 GRAT. The MS 2014 LLC holds 100,000 shares of Class B Common Stock and 100,000 shares of Class A Common Stock.

SEC source: 0001127602-21-015416 · form4.xml · nonDerivative · entry 2

Miller Marc D · CIK 0001315495 · Director · President and CEO

10b5-1 filing: Not disclosed

Ownership: Indirect · MDM 2014 LLC as held by Alan B. Miller

Disclosed balance after: 45,621

F1 · kind: On May 03, 2021, The Marc Daniel Miller 2019 GRAT distributed 22.81049% of the MDM 2014 LLC to Alan B. Miller. Marc Miller disclaims any pecuniary interest in these shares. All distributions hereinbefore described were made pursuant to the terms of the Trust Agreement creating each 2019 GRAT. The MDM 2014 LLC holds 200,000 shares of Class B Common Stock and 150,000 shares of Class A Common Stock.

SEC source: 0001127602-21-015416 · form4.xml · nonDerivative · entry 1

Miller Marc D · CIK 0001315495 · Director · President and CEO

10b5-1 filing: Not disclosed

Ownership: Indirect · MDM 2014 LLC as held by The Marc Daniel Miller 2019 GRAT

Disclosed balance after: 0

F1 · kind: On May 03, 2021, The Marc Daniel Miller 2019 GRAT distributed 22.81049% of the MDM 2014 LLC to Alan B. Miller. Marc Miller disclaims any pecuniary interest in these shares. All distributions hereinbefore described were made pursuant to the terms of the Trust Agreement creating each 2019 GRAT. The MDM 2014 LLC holds 200,000 shares of Class B Common Stock and 150,000 shares of Class A Common Stock.

SEC source: 0001127602-21-015413 · form4.xml · derivative · entry 34

MILLER ALAN B · CIK 0001181031 · Director · Executive Chairman · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · AMK 2014 LLC as held by Alan B. Miller

Disclosed balance after: 24,180

Underlying: Class B Common Stock · 24,180 shares

Expires not disclosed

F11 · derivative.exercise_price: The Class A Common Stock is convertible into Class B Common Stock on a share for share basis.

F3 · kind: On May 03, 2021, The Abby Miller King 2019 GRAT distributed 24.18044% of the AMK 2014 LLC to Alan B. Miller. Mr. Miller's pecuniary interest in these shares is unchanged. All distributions hereinbefore described were made pursuant to the terms of the Trust Agreement creating each 2019 GRAT. The AMK 2014 LLC holds 100,000 shares of Class B Common Stock and 100,000 shares of Class A Common Stock.

F12 · derivative.exercise_date: Immediately.

F13 · derivative.expiration_date: Not Applicable.

SEC source: 0001127602-21-015413 · form4.xml · derivative · entry 33

MILLER ALAN B · CIK 0001181031 · Director · Executive Chairman · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · AMK 2014 LLC as held by The Abby Miller King 2019 GRAT

Disclosed balance after: 0

Underlying: Class B Common Stock · 24,180 shares

Expires not disclosed

F11 · derivative.exercise_price: The Class A Common Stock is convertible into Class B Common Stock on a share for share basis.

F3 · kind: On May 03, 2021, The Abby Miller King 2019 GRAT distributed 24.18044% of the AMK 2014 LLC to Alan B. Miller. Mr. Miller's pecuniary interest in these shares is unchanged. All distributions hereinbefore described were made pursuant to the terms of the Trust Agreement creating each 2019 GRAT. The AMK 2014 LLC holds 100,000 shares of Class B Common Stock and 100,000 shares of Class A Common Stock.

F12 · derivative.exercise_date: Immediately.

F13 · derivative.expiration_date: Not Applicable.

SEC source: 0001127602-21-015413 · form4.xml · derivative · entry 32

MILLER ALAN B · CIK 0001181031 · Director · Executive Chairman · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · MS 2014 LLC as held by Alan B. Miller

Disclosed balance after: 24,180

Underlying: Class B Common Stock · 24,180 shares

Expires not disclosed

F11 · derivative.exercise_price: The Class A Common Stock is convertible into Class B Common Stock on a share for share basis.

F2 · kind: On May 03, 2021, The Marni Spencer 2019 GRAT distributed 24.18044% of the MS 2014 LLC to Alan B. Miller. Mr. Miller's pecuniary interest in these shares is unchanged. All distributions hereinbefore described were made pursuant to the terms of the Trust Agreement creating each 2019 GRAT. The MS 2014 LLC holds 100,000 shares of Class B Common Stock and 100,000 shares of Class A Common Stock.

F12 · derivative.exercise_date: Immediately.

F13 · derivative.expiration_date: Not Applicable.

SEC source: 0001127602-21-015413 · form4.xml · derivative · entry 31

MILLER ALAN B · CIK 0001181031 · Director · Executive Chairman · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · MS 2014 LLC as held by The Marni Spencer 2019 GRAT

Disclosed balance after: 0

Underlying: Class B Common Stock · 24,180 shares

Expires not disclosed

F11 · derivative.exercise_price: The Class A Common Stock is convertible into Class B Common Stock on a share for share basis.

F2 · kind: On May 03, 2021, The Marni Spencer 2019 GRAT distributed 24.18044% of the MS 2014 LLC to Alan B. Miller. Mr. Miller's pecuniary interest in these shares is unchanged. All distributions hereinbefore described were made pursuant to the terms of the Trust Agreement creating each 2019 GRAT. The MS 2014 LLC holds 100,000 shares of Class B Common Stock and 100,000 shares of Class A Common Stock.

F12 · derivative.exercise_date: Immediately.

F13 · derivative.expiration_date: Not Applicable.

SEC source: 0001127602-21-015413 · form4.xml · derivative · entry 30

MILLER ALAN B · CIK 0001181031 · Director · Executive Chairman · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · MDM 2014 LLC as held by Alan B. Miller

Disclosed balance after: 34,216

Underlying: Class B Common Stock · 34,216 shares

Expires not disclosed

F11 · derivative.exercise_price: The Class A Common Stock is convertible into Class B Common Stock on a share for share basis.

F1 · kind: On May 03, 2021, The Marc Daniel Miller 2019 GRAT distributed 22.81049% of the MDM 2014 LLC to Alan B. Miller. Mr. Miller's pecuniary interest in these shares is unchanged. All distributions hereinbefore described were made pursuant to the terms of the Trust Agreement creating each 2019 GRAT. The MDM 2014 LLC holds 200,000 shares of Class B Common Stock and 150,000 shares of Class A Common Stock.

F12 · derivative.exercise_date: Immediately.

F13 · derivative.expiration_date: Not Applicable.

SEC source: 0001127602-21-015413 · form4.xml · derivative · entry 29

MILLER ALAN B · CIK 0001181031 · Director · Executive Chairman · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · MDM 2014 LLC as held by The Marc Daniel Miller 2019 GRAT

Disclosed balance after: 0

Underlying: Class B Common Stock · 34,216 shares

Expires not disclosed

F11 · derivative.exercise_price: The Class A Common Stock is convertible into Class B Common Stock on a share for share basis.

F1 · kind: On May 03, 2021, The Marc Daniel Miller 2019 GRAT distributed 22.81049% of the MDM 2014 LLC to Alan B. Miller. Mr. Miller's pecuniary interest in these shares is unchanged. All distributions hereinbefore described were made pursuant to the terms of the Trust Agreement creating each 2019 GRAT. The MDM 2014 LLC holds 200,000 shares of Class B Common Stock and 150,000 shares of Class A Common Stock.

F12 · derivative.exercise_date: Immediately.

F13 · derivative.expiration_date: Not Applicable.

SEC source: 0001127602-21-015413 · form4.xml · nonDerivative · entry 18

MILLER ALAN B · CIK 0001181031 · Director · Executive Chairman · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · Abby Miller King 2021 GRAT

Disclosed balance after: 41,438

F9 · kind: On May 03, 2021 41,438 Class B shares were transferred from Alan B. Miller to the Abby Miller King 2021 GRAT.

SEC source: 0001127602-21-015413 · form4.xml · nonDerivative · entry 17

MILLER ALAN B · CIK 0001181031 · Director · Executive Chairman · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 702,377

F9 · kind: On May 03, 2021 41,438 Class B shares were transferred from Alan B. Miller to the Abby Miller King 2021 GRAT.

SEC source: 0001127602-21-015413 · form4.xml · nonDerivative · entry 16

MILLER ALAN B · CIK 0001181031 · Director · Executive Chairman · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 743,815

F8 · kind: On May 03, 2021 41,438 Class B shares were distributed to Alan B. Miller from the Abby Miller King 2020 GRAT. Alan B. Miller's pecuniary interest in these shares is unchanged. All distributions hereinbefore described were made pursuant to the terms of the Trust Agreement creating each 2020 GRAT.

SEC source: 0001127602-21-015413 · form4.xml · nonDerivative · entry 15

MILLER ALAN B · CIK 0001181031 · Director · Executive Chairman · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · Abby Miller King 2020 GRAT

Disclosed balance after: 108,562

F8 · kind: On May 03, 2021 41,438 Class B shares were distributed to Alan B. Miller from the Abby Miller King 2020 GRAT. Alan B. Miller's pecuniary interest in these shares is unchanged. All distributions hereinbefore described were made pursuant to the terms of the Trust Agreement creating each 2020 GRAT.

SEC source: 0001127602-21-015413 · form4.xml · nonDerivative · entry 14

MILLER ALAN B · CIK 0001181031 · Director · Executive Chairman · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · Marni Spencer 2021 GRAT

Disclosed balance after: 41,438

F7 · kind: On May 03, 2021 41,438 Class B shares were transferred from Alan B. Miller to the Marni Spencer 2021 GRAT.

SEC source: 0001127602-21-015413 · form4.xml · nonDerivative · entry 13

MILLER ALAN B · CIK 0001181031 · Director · Executive Chairman · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 702,377

F7 · kind: On May 03, 2021 41,438 Class B shares were transferred from Alan B. Miller to the Marni Spencer 2021 GRAT.

SEC source: 0001127602-21-015413 · form4.xml · nonDerivative · entry 12

MILLER ALAN B · CIK 0001181031 · Director · Executive Chairman · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 743,815

F6 · kind: On May 03, 2021 41,438 Class B shares were distributed to Alan B. Miller from the Marni Spencer 2020 GRAT. Alan B. Miller's pecuniary interest in these shares is unchanged. All distributions hereinbefore described were made pursuant to the terms of the Trust Agreement creating each 2020 GRAT

SEC source: 0001127602-21-015413 · form4.xml · nonDerivative · entry 11

MILLER ALAN B · CIK 0001181031 · Director · Executive Chairman · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · Marni Spencer 2020 GRAT

Disclosed balance after: 108,562

F6 · kind: On May 03, 2021 41,438 Class B shares were distributed to Alan B. Miller from the Marni Spencer 2020 GRAT. Alan B. Miller's pecuniary interest in these shares is unchanged. All distributions hereinbefore described were made pursuant to the terms of the Trust Agreement creating each 2020 GRAT

SEC source: 0001127602-21-015413 · form4.xml · nonDerivative · entry 10

MILLER ALAN B · CIK 0001181031 · Director · Executive Chairman · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · Marc Daniel Miller 2021 GRAT

Disclosed balance after: 55,251

F5 · kind: On May 03, 2021 55,251 Class B shares were transferred from Alan B. Miller to the Marc Daniel Miller 2021 GRAT.

SEC source: 0001127602-21-015413 · form4.xml · nonDerivative · entry 9

MILLER ALAN B · CIK 0001181031 · Director · Executive Chairman · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 702,377

F5 · kind: On May 03, 2021 55,251 Class B shares were transferred from Alan B. Miller to the Marc Daniel Miller 2021 GRAT.

SEC source: 0001127602-21-015413 · form4.xml · nonDerivative · entry 8

MILLER ALAN B · CIK 0001181031 · Director · Executive Chairman · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 757,628

F4 · kind: On May 03, 2021 55,251 Class B shares were distributed to Alan B. Miller from the Marc Daniel Miller 2020 GRAT. Alan B. Miller's pecuniary interest in these shares is unchanged. All distributions hereinbefore described were made pursuant to the terms of the Trust Agreement creating each 2020 GRAT.

SEC source: 0001127602-21-015413 · form4.xml · nonDerivative · entry 7

MILLER ALAN B · CIK 0001181031 · Director · Executive Chairman · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · Marc Daniel Miller 2020 GRAT

Disclosed balance after: 144,749

F4 · kind: On May 03, 2021 55,251 Class B shares were distributed to Alan B. Miller from the Marc Daniel Miller 2020 GRAT. Alan B. Miller's pecuniary interest in these shares is unchanged. All distributions hereinbefore described were made pursuant to the terms of the Trust Agreement creating each 2020 GRAT.

SEC source: 0001127602-21-015413 · form4.xml · nonDerivative · entry 6

MILLER ALAN B · CIK 0001181031 · Director · Executive Chairman · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · AMK 2014 LLC as held by Alan B. Miller

Disclosed balance after: 24,180

F3 · kind: On May 03, 2021, The Abby Miller King 2019 GRAT distributed 24.18044% of the AMK 2014 LLC to Alan B. Miller. Mr. Miller's pecuniary interest in these shares is unchanged. All distributions hereinbefore described were made pursuant to the terms of the Trust Agreement creating each 2019 GRAT. The AMK 2014 LLC holds 100,000 shares of Class B Common Stock and 100,000 shares of Class A Common Stock.

SEC source: 0001127602-21-015413 · form4.xml · nonDerivative · entry 5

MILLER ALAN B · CIK 0001181031 · Director · Executive Chairman · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · AMK 2014 LLC as held by The Abby Miller King 2019 GRAT

Disclosed balance after: 0

F3 · kind: On May 03, 2021, The Abby Miller King 2019 GRAT distributed 24.18044% of the AMK 2014 LLC to Alan B. Miller. Mr. Miller's pecuniary interest in these shares is unchanged. All distributions hereinbefore described were made pursuant to the terms of the Trust Agreement creating each 2019 GRAT. The AMK 2014 LLC holds 100,000 shares of Class B Common Stock and 100,000 shares of Class A Common Stock.

SEC source: 0001127602-21-015413 · form4.xml · nonDerivative · entry 4

MILLER ALAN B · CIK 0001181031 · Director · Executive Chairman · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · MS 2014 LLC as held by Alan B. Miller

Disclosed balance after: 24,180

F2 · kind: On May 03, 2021, The Marni Spencer 2019 GRAT distributed 24.18044% of the MS 2014 LLC to Alan B. Miller. Mr. Miller's pecuniary interest in these shares is unchanged. All distributions hereinbefore described were made pursuant to the terms of the Trust Agreement creating each 2019 GRAT. The MS 2014 LLC holds 100,000 shares of Class B Common Stock and 100,000 shares of Class A Common Stock.

SEC source: 0001127602-21-015413 · form4.xml · nonDerivative · entry 3

MILLER ALAN B · CIK 0001181031 · Director · Executive Chairman · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · MS 2014 LLC as held by The Marni Spencer 2019 GRAT

Disclosed balance after: 0

F2 · kind: On May 03, 2021, The Marni Spencer 2019 GRAT distributed 24.18044% of the MS 2014 LLC to Alan B. Miller. Mr. Miller's pecuniary interest in these shares is unchanged. All distributions hereinbefore described were made pursuant to the terms of the Trust Agreement creating each 2019 GRAT. The MS 2014 LLC holds 100,000 shares of Class B Common Stock and 100,000 shares of Class A Common Stock.

SEC source: 0001127602-21-015413 · form4.xml · nonDerivative · entry 2

MILLER ALAN B · CIK 0001181031 · Director · Executive Chairman · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · MDM 2014 LLC as held by Alan B. Miller

Disclosed balance after: 45,621

F1 · kind: On May 03, 2021, The Marc Daniel Miller 2019 GRAT distributed 22.81049% of the MDM 2014 LLC to Alan B. Miller. Mr. Miller's pecuniary interest in these shares is unchanged. All distributions hereinbefore described were made pursuant to the terms of the Trust Agreement creating each 2019 GRAT. The MDM 2014 LLC holds 200,000 shares of Class B Common Stock and 150,000 shares of Class A Common Stock.

SEC source: 0001127602-21-015413 · form4.xml · nonDerivative · entry 1

MILLER ALAN B · CIK 0001181031 · Director · Executive Chairman · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · MDM 2014 LLC as held by the Marc Daniel Miller 2019 GRAT

Disclosed balance after: 0

F1 · kind: On May 03, 2021, The Marc Daniel Miller 2019 GRAT distributed 22.81049% of the MDM 2014 LLC to Alan B. Miller. Mr. Miller's pecuniary interest in these shares is unchanged. All distributions hereinbefore described were made pursuant to the terms of the Trust Agreement creating each 2019 GRAT. The MDM 2014 LLC holds 200,000 shares of Class B Common Stock and 150,000 shares of Class A Common Stock.

SEC source: 0001127602-21-014721 · form4.xml · derivative · entry 7

Peterson Matthew Jay · CIK 0001788925 · Executive Vice President, UHS

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 18,750

Underlying: Class B Common Stock · 6,250 shares

Expires 2025-03-17

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F4 · derivative.exercise_date: Option vests ratably on each of 3/18/2021, 3/18/2022, 3/18/2023 and 3/18/2024.

SEC source: 0001127602-21-014721 · form4.xml · derivative · entry 6

Peterson Matthew Jay · CIK 0001788925 · Executive Vice President, UHS

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 22,207

Underlying: Class B Common Stock · 7,403 shares

Expires 2025-03-17

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F4 · derivative.exercise_date: Option vests ratably on each of 3/18/2021, 3/18/2022, 3/18/2023 and 3/18/2024.

SEC source: 0001127602-21-014721 · form4.xml · nonDerivative · entry 5

Peterson Matthew Jay · CIK 0001788925 · Executive Vice President, UHS

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 173.1414

F2 · kind: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $150.44 to $150.85, inclusive. The reporting person undertakes to provide Universal Health Services, Inc. (the "Company"), any stockholder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in Footnote 2.

F3 · balance_after: 24.9894 Class B shares purchased on April 12, 2021 at a discounted rate of $120.0510 pursuant to the Universal Health Services 2005 Employee Stock Purchase Plan.

SEC source: 0001127602-21-014721 · form4.xml · nonDerivative · entry 4

Peterson Matthew Jay · CIK 0001788925 · Executive Vice President, UHS

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,378.1414

F1 · kind: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $149.33 to $150.30, inclusive. The reporting person undertakes to provide Universal Health Services, Inc. (the "Company"), any stockholder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in Footnote 1.

SEC source: 0001127602-21-014721 · form4.xml · nonDerivative · entry 3

Peterson Matthew Jay · CIK 0001788925 · Executive Vice President, UHS

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 5,295.1414

SEC source: 0001127602-21-014721 · form4.xml · nonDerivative · entry 2

Peterson Matthew Jay · CIK 0001788925 · Executive Vice President, UHS

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 13,826.1414

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.