Shlomo Dovrat - Aug 7, 2023 Form 4 Insider Report for Unity Software Inc. (U)

Role
Director
Signature
/s/ Nora Go, Attorney-in-fact for Shlomo Dovrat
Stock symbol
U
Transactions as of
Aug 7, 2023
Transactions value $
-$8,217,690
Form type
4
Date filed
8/9/2023, 09:01 PM
Previous filing
Jun 9, 2023
Next filing
Aug 14, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction U Common Stock Sale -$77.1K -1.93K -0.04% $39.95 5.49M Aug 7, 2023 By Viola Ventures III, L.P. F1
transaction U Common Stock Other $0 -3.08M -56.07% $0.00 2.41M Aug 7, 2023 By Viola Ventures III, L.P. F1, F2
transaction U Common Stock Sale -$587K -14.7K -0.61% $39.95 2.4M Aug 7, 2023 By Viola Ventures III, L.P. F1
transaction U Common Stock Other $0 +780K $0.00 780K Aug 7, 2023 By Viola Ventures GP 3 Ltd. F3, F4
transaction U Common Stock Other $0 -576K -73.87% $0.00 204K Aug 8, 2023 By Viola Ventures GP 3 Ltd. F4, F5
transaction U Common Stock Sale -$7.53M -198K -96.97% $38.12 6.17K Aug 8, 2023 By Viola Ventures GP 3 Ltd. F4
transaction U Common Stock Sale -$19.3K -500 -8.11% $38.56 5.67K Aug 9, 2023 By Viola Ventures GP 3 Ltd. F4
transaction U Common Stock Other $0 +57.6K $0.00 57.6K Aug 7, 2023 By VP Partners III (Israel), L.P. F6, F7
transaction U Common Stock Other $0 +80.6K $0.00 80.6K Aug 7, 2023 By VP Partners III (Cayman), L.P. F8, F9
transaction U Common Stock Other $0 +110K +97.01% $0.00 224K Aug 8, 2023 Direct F10, F11
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares of common stock, par value $0.000005 per share, of the Issuer ("Common Stock") reported in this line are held directly by Viola Ventures III, L.P. ("Viola Ventures III"). Viola Ventures GP 3 Ltd. ("Viola Ventures GP") is the sole general partner of Viola Ventures III. Shlomo Dovrat is a director of Viola Ventures GP, and in such capacity possesses voting power and dispositive power on behalf of Viola Ventures III with respect to securities held by Viola Ventures III. Mr. Dovrat disclaims beneficial ownership of shares of Common Stock held by Viola Ventures III except to the extent of his pecuniary interest therein.
F2 The transaction reported in this row consists of the distribution in kind, without consideration, by Viola Ventures III of 3,080,317 shares of Common Stock to its partners.
F3 The transaction reported in this row consists of the receipt by Viola Ventures GP of 779,916 shares of Common Stock, in the aggregate, from Viola Ventures III (773,750 shares as carried interest and 6,166 shares as a limited partner of Viola Ventures III). Viola Ventures GP received these shares as part of the distribution in kind by Viola Ventures III that is reported in the second row of this table.
F4 The shares of Common Stock reported in this row are held directly by Viola Ventures GP. Shlomo Dovrat is a director of Viola Ventures GP, and in such capacity possesses voting power and dispositive power on behalf of Viola Ventures GP with respect to securities held by it. Mr. Dovrat disclaims beneficial ownership of shares of Common Stock held by Viola Ventures GP except to the extent of his pecuniary interest therein.
F5 The transaction reported in this row consists of the distribution in kind, without consideration, by Viola Ventures GP of 576,091 shares of Common Stock, in the aggregate, to persons and entities entitled to participate in the carried interest that Viola Ventures GP received from Viola Ventures III.
F6 The transaction reported in this row consists of the receipt by VPartners III (Israel), L.P. in respect of its limited partnership interest in Viola Ventures III, of 57,637 shares of Common Stock via the distribution in kind by Viola Ventures III that is reported in the second row of this table.
F7 The shares of Common Stock reported in this row are held directly by VPartners III (Israel), L.P. Shlomo Dovrat is a director of the general partner of the general partner of VPartners III (Israel), L.P. and in such capacity possesses voting power and dispositive power on behalf of VPartners III (Israel), L.P. with respect to securities held by it. Mr. Dovrat disclaims beneficial ownership of shares of Common Stock held by VPartners III (Israel), L.P. except to the extent of his pecuniary interest therein.
F8 The transaction reported in this row consists of the receipt by VPartners III (Cayman), L.P. in respect of its limited partnership interest in Viola Ventures III, of 80,551 shares of Common Stock via the distribution in kind by Viola Ventures III that is reported in the second row of this table.
F9 The shares of Common Stock reported in this row are held directly by VPartners III (Cayman), L.P. Shlomo Dovrat is a director of the general partner of the general partner of VPartners III (Cayman), L.P. and in such capacity possesses voting power and dispositive power on behalf of VPartners III (Cayman), L.P. with respect to securities held by it. Mr. Dovrat disclaims beneficial ownership of shares of Common Stock held by VPartners III (Cayman), L.P. except to the extent of his pecuniary interest therein.
F10 The transaction reported in this row consists of the receipt by Shlomo Dovrat, in respect of his participation in the carried interest paid by Viola Ventures III to Viola Ventures GP, of 110,420 shares of Common Stock via the distribution in kind by Viola Ventures GP of those shares (which shares were among the 576,091 shares distributed by Viola Ventures GP in respect of carried interest, as described in footnote (5) above).
F11 Includes shares of Common Stock underlying restricted stock units ("RSUs") granted to the Reporting Person. The shares subject to these RSUs vest based on various vesting schedules, subject to the Reporting Person's continued service through the relevant vesting dates.