Slta IV (Gp), L.L.C. - Jun 5, 2024 Form 4 Insider Report for Unity Software Inc. (U)

Role
Director
Signature
By: /s/ Egon Durban, Co-CEO of Silver Lake Group, L.L.C.
Stock symbol
U
Transactions as of
Jun 5, 2024
Transactions value $
$0
Form type
4
Date filed
6/7/2024, 04:43 PM
Previous filing
Jun 5, 2024
Next filing
Jun 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction U Common Stock Award $0 +16.2K +60.7% $0.00 42.8K Jun 5, 2024 See footnote F1, F2
holding U Common Stock 19.9M Jun 5, 2024 Held through Silver Lake Partners IV, L.P. F3, F8
holding U Common Stock 14.4M Jun 5, 2024 Held through SLP Union Aggregator, L.P. F4, F8
holding U Common Stock 370K Jun 5, 2024 Held through Silver Lake Technology Investors IV (Delaware II), L.P. F5, F8
holding U Common Stock 140K Jun 5, 2024 Direct F6
holding U Common Stock 4.82K Jun 5, 2024 See footnote F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted stock units granted to Egon Durban, a director of Unity Software Inc. (the "Issuer") and Co-CEO and a Managing Partner of Silver Lake Group, L.L.C. ("SLG"). The shares subject to this award vest in full on the earlier of (i) the first anniversary of the date of grant and (ii) the date of the Issuer's next annual meeting of stockholders, subject to Mr. Durban's continued service through such date.
F2 These securities are held by Mr. Durban for the benefit of Silver Lake Technology Management, L.L.C., certain of its affiliates, and certain of the funds they manage ("Silver Lake"). Pursuant to Mr. Durban's arrangement with Silver Lake with respect to director compensation, upon the sale of these securities, the proceeds from such sale(s) are expected to be remitted to Silver Lake and/or its limited partners. Mr. Durban, through his role at Silver Lake and its affiliates, may be deemed to have an indirect interest in the securities reported herein.
F3 These securities are directly owned by Silver Lake Partners IV, L.P. ("SLP IV").
F4 These securities are directly owned by SLP Union Aggregator, L.P. ("SLP Union"), the general partner of which is SLP Union GP, L.L.C. ("SLP Union GP").
F5 These securities are directly owned by Silver Lake Technology Investors IV (Delaware II), L.P. ("SLTI IV").
F6 Represents shares of Common Stock held by Mr. Durban.
F7 Represents shares of Common Stock beneficially owned indirectly by Mr. Durban through a trust for the benefit of certain family members.
F8 Silver Lake Technology Associates IV, L.P. ("SLTA IV") is the general partner of SLP IV and SLTI IV and the managing member of SLP Union GP. The general partner of SLTA IV is SLTA IV (GP), L.L.C. ("SLTA IV GP"), the managing member of which is SLG. Mr. Durban serves as a director of the Issuer and Co-CEO and a Managing Member of SLG. Each of SLP IV, SLTI IV, SLP Union, SLP Union GP, SLTA IV, SLTA IV GP and SLG may be deemed to be a director by deputization of the Issuer.

Remarks:

The Reporting Persons are jointly filing this Form 4 pursuant to Rule 16a-3(j) under the Securities Exchange Act of 1934, as amended (the "Exchange Act"). This filing shall not be deemed an admission that the Reporting Persons are beneficial owners of all securities covered by this filing for purposes of Section 16 of the Exchange Act or otherwise, and each Reporting Person disclaims beneficial ownership of these securities, except to the extent of such Reporting Person's pecuniary interest therein, if any.