Carol W. Carpenter - Mar 4, 2022 Form 4 Insider Report for Unity Software Inc. (U)

Signature
Luis Visoso, Attorney-in-fact
Stock symbol
U
Transactions as of
Mar 4, 2022
Transactions value $
$18,749,955
Form type
4
Date filed
3/8/2022, 08:14 PM
Previous filing
Jul 21, 2021
Next filing
May 27, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction U Common Stock Award $0 +181K $0.00 181K Mar 4, 2022 Direct F1
transaction U Common Stock Award $0 +48.3K +26.67% $0.00 229K Mar 4, 2022 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction U Stock Option (Right to Buy) Award $18.7M +181K $103.54 181K Mar 4, 2022 Common Stock 181K $103.54 Direct F3
* 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 the reporting person. The shares subject to the award vest over 4 years, with 25% (1/4th) of the shares vesting on February 25, 2023 the remainder of the shares vest quarterly thereafter over the remaining 3 years, subject to the reporting person's continued service through each vesting date.
F2 Represents restricted stock units granted to the reporting person. The shares subject to this award vests 50% on the first quarterly installment date following the grant date and 50% on the quarterly installment date following the one year anniversary of the start date, subject to the reporting person's continued service through the vesting date.
F3 The shares subject to the option vest over 4 years, with 25% (1/4th) of the shares vesting on February 22, 2023 and an additional 1/48th of the shares vesting each month thereafter over the remaining 3 years, subject to the reporting person's continued service through each vesting date.