Sc Us (Ttgp), Ltd. - May 27, 2021 Form 4 Insider Report for Unity Software Inc. (U)

Role
10%+ Owner
Signature
/s/ Jung Yeon Son, by power of attorney for Douglas Leone, a Director of SC US (TTGP), Ltd.
Stock symbol
U
Transactions as of
May 27, 2021
Transactions value $
$0
Form type
4
Date filed
6/1/2021, 07:33 PM
Next filing
Nov 23, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction U Common Stock Other -2.46M -19.99% 9.83M May 27, 2021 Sequoia Capital Global Growth Fund, L.P. F1, F2, F3, F4
transaction U Common Stock Other -2.74M -19.57% 11.3M May 27, 2021 Sequoia Capital Global Growth Fund III - Endurance Partners, L.P. F1, F2, F3, F4
transaction U Common Stock Other -6.36M -29.72% 15M May 27, 2021 Sequoia Capital XII, L.P. F1, F2, F3, F4
transaction U Common Stock Other -1.8M -29.98% 4.21M May 27, 2021 Sequoia Capital U.S. Growth Fund VI, L.P. F1, F2, F3, F4
transaction U Common Stock Other +1.95M 1.95M May 27, 2021 Sequoia Grove II, LLC F1, F5
holding U Common Stock 357K May 27, 2021 Sequoia Capital Global Growth Principals Fund, L.P. F2, F3, F4
holding U Common Stock 2.29M May 27, 2021 Sequoia Capital XII Principals Fund, LLC F2, F3, F4
holding U Common Stock 801K May 27, 2021 Sequoia Technology Partners XII, L.P. F2, F3, F4
holding U Common Stock 301K May 27, 2021 Sequoia Capital U.S. Growth VI Principals Fund, L.P. F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a distribution of Common Stock of the Issuer to partners or members.
F2 SC US (TTGP), Ltd. is (i) the general partner of SC U.S. Growth VI Management, L.P., which is the general partner of each of Sequoia Capital U.S. Growth Fund VI, L.P. (GFVI) and Sequoia Capital U.S. Growth VI Principals Fund, L.P. (GFVI PF) (collectively, the GFVI Funds); (ii) the general partner of SCGGF Management, L.P., which is the general partner of each of Sequoia Capital Global Growth Fund, LP (GGF) and Sequoia Capital Global Growth Principals Fund, LP (GGF PF) (collectively, the GGF Funds); and (iii) the general partner of SCGGF III - Endurance Partners Management, L.P., which is the general partner of Sequoia Capital Global Growth Fund III - Endurance Partners, L.P. (GGF III). As a result, SC US (TTGP), Ltd. may be deemed to share voting and dispositive power with respect to the shares held by GGF III and the GGF Funds. SC XII Management, LLC is the general partner of each of Sequoia Capital XII, L.P. (XII) and Sequoia Technology Partners XII, L.P.
F3 (continued from footnote 2) (STP XII), and the managing member of Sequoia Capital XII Principals Fund, LLC (XII PF) (collectively the XII Funds). As a result, and by virtue of the relationships described in this paragraph, SC XII Management, LLC may be deemed to share beneficial ownership with respect to the shares held by the XII Funds. In addition, the directors and stockholders of SC US (TTGP), Ltd. who exercise voting and investment discretion with respect to the GGF Funds are Douglas Leone and James Goetz, and the directors and stockholders of SC US (TTGP), Ltd. who exercise voting and investment discretion with respect to GGF III are Douglas Leone and Roelof Botha. By virtue of the relationships described in this paragraph, Douglas Leone and James Goetz may be deemed to share voting and dispositive power with respect to the shares held by the GGF Funds,
F4 (continued from footnote 2) and Douglas Leone and Roelof Botha may be deemed to share voting and dispositive power with respect to the shares held by GGF III. Each of the reporting persons disclaims beneficial ownership of the shares held by the XII Funds, the GFVI Funds, the GGF Funds, and GGF III, as applicable, except to the extent of his or its pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.
F5 Sequoia Grove Manager, LLC is the manager of Sequoia Grove II, LLC. As a result, Sequoia Grove Manager, LLC may be deemed to share beneficial ownership with respect to the shares held by Sequoia Grove II, LLC. Each of Sequoia Grove Manager, LLC and Sequoia Grove II, LLC disclaims beneficial ownership of the shares held by Sequoia Grove II, LLC except to the extent of its pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purpose.

Remarks:

Form 1 of 2