Tomer Bar-Zeev - Jun 5, 2023 Form 4 Insider Report for Unity Software Inc. (U)

Signature
/s/ Nora Go, Attorney-in-fact
Stock symbol
U
Transactions as of
Jun 5, 2023
Transactions value $
-$1,292,887
Form type
4
Date filed
6/7/2023, 03:59 PM
Previous filing
May 18, 2023
Next filing
Jun 29, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction U Common Stock Sale -$578K -18K -1.07% $32.20 1.66M Jun 5, 2023 Direct F1, F2
transaction U Common Stock Sale -$30.7K -900 -0.05% $34.09 1.66M Jun 5, 2023 Direct F1, F3
transaction U Common Stock Sale -$31.6K -900 -0.05% $35.08 1.66M Jun 5, 2023 Direct F1, F4
transaction U Common Stock Sale -$459K -12.6K -0.76% $36.48 1.64M Jun 5, 2023 Direct F1, F5
transaction U Common Stock Sale -$153K -4.13K -0.25% $37.20 1.64M Jun 5, 2023 Direct F1, F6
transaction U Common Stock Sale -$35.9K -932 -0.06% $38.49 1.64M Jun 5, 2023 Direct F1, F7
transaction U Common Stock Sale -$3.93K -100 -0.01% $39.33 1.64M Jun 5, 2023 Direct F1, F8
holding U Common Stock 4.75M Jun 5, 2023 See footnote F9, F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 30, 2022.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $32.00 to $32.72, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer 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 footnotes (2) through (7) of this Form 4.
F3 The price reported in column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $33.35 to $34.33, inclusive.
F4 The price reported in column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $34.52 to $35.36, inclusive.
F5 The price reported in column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $35.79 to $36.79, inclusive.
F6 The price reported in column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $36.80 to $37.73, inclusive.
F7 The price reported in column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $38.01 to $38.90, inclusive.
F8 All shares were sold in one transaction at $39.33.
F9 The shares of Common Stock reported in this line are held directly by Agathy Holdings Ltd. ("Agathy Holdings"). Each of Tomer Bar-Zeev & Yuli Bar-Zeev, Tomer Bar-Zeev's spouse, is a director of Agathy Holdings, and in such capacity possess voting power and dispositive power on behalf of Agathy Holdings with respect to securities held by Agathy Holdings. Tomer Bar-Zeev is a director and executive officer of the Issuer. Agathy Holdings may be deemed to be a director by deputization of the Issuer. 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 subject to Section 16 of the Exchange Act.
F10 The Reporting Person disclaims beneficial ownership of such shares except to the extent of his 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.