Roelof Botha - Jun 22, 2023 Form 4 Insider Report for Unity Software Inc. (U)

Signature
/s/ Nora Go, Attorney-in-fact.
Stock symbol
U
Transactions as of
Jun 22, 2023
Transactions value $
$0
Form type
4
Date filed
6/22/2023, 06:56 PM
Previous filing
Jun 15, 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 Award $0 +1.13K +3.47% $0.00 33.7K Jun 22, 2023 Direct F1
holding U Common Stock 1.11M Jun 22, 2023 By estate planning vehicle
holding U Common Stock 9M Jun 22, 2023 Sequoia Capital Global Growth Fund III - Endurance Partners, L.P. F2, F3
holding U Common Stock 9.03M Jun 22, 2023 Sequoia Capital XII, L.P. F2, F3
holding U Common Stock 1.37M Jun 22, 2023 Sequoia Capital XII Principals Fund, LLC F2, F3
holding U Common Stock 481K Jun 22, 2023 Sequoia Technology Partners XII, L.P. F2, F3
holding U Common Stock 5.9M Jun 22, 2023 Sequoia Capital Global Growth Fund, L.P. F2, F3
holding U Common Stock 214K Jun 22, 2023 Sequoia Capital Global Growth Principals Fund, L.P. F2, F3
holding U Common Stock 3.37M Jun 22, 2023 Sequoia Capital U.S. Growth Fund VI, L.P. F2, F3
holding U Common Stock 241K Jun 22, 2023 Sequoia Capital U.S. Growth VI Principals Fund, L.P. F2, F3
holding U Common Stock 7.44M Jun 22, 2023 Sequoia Capital Fund, LP F4, F5
holding U Common Stock 1.33M Jun 22, 2023 Sequoia Capital Fund Parallel, LLC F4, F5
holding U Common Stock 1.39M Jun 22, 2023 Sequoia Grove II, LLC F4, F5
* 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 in lieu of a cash award. Under the Issuer's Non-Employee Director Compensation Policy, the Reporting Person was entitled to a cash award of $50,000 which was granted on June 2, 2022 and vested in full on the first anniversary of the date of grant. In lieu of settlement of the cash award, the Reporting Person received a grant of restricted stock units, with the number of shares underlying the restricted stock units determined based on a per share price of $44.15, the closing price of the Issuer's common stock on the New York Stock Exchange on the grant date of the cash award. The restricted stock units granted to the Reporting Person are immediately vested in full.
F2 The Reporting Person is a director and stockholder of SC US (TTGP), Ltd. 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). The Reporting Person is a managing member and shareholder of SC XII Management, LLC, which is the general partner of each of Sequoia Capital XII, L.P. (XII) and Sequoia Technology Partners XII, L.P. (STP XII),
F3 (continued from footnote 2) and the managing member of Sequoia Capital XII Principals Fund, LLC (XII PF) (collectively the XII Funds). The Reporting Person disclaims beneficial ownership of the securities included in this report, 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.
F4 The Reporting Person is a member of Sequoia Grove II, LLC. The Reporting Person disclaims beneficial ownership of these securities 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.
F5 The Reporting Person is a director and stockholder of SC US (TTGP), Ltd. SC US (TTGP), Ltd. is (i) the general partner of Sequoia Capital Fund Management, L.P., which is the general partner of Sequoia Capital Fund, LP (SCF) and the managing member of Sequoia Capital Fund Parallel, LLC (SCFP). As a result, the Reporting Person may be deemed to share voting and dispositive power with respect to the shares held by SCF and SCFP. The Reporting Person disclaims beneficial ownership of the securities included in this report, 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.