Marc Whitten - 02 Nov 2023 Form 4 Insider Report for Unity Software Inc. (U)

Signature
/s/ Nora Go, Attorney-in-fact
Issuer symbol
U
Transactions as of
02 Nov 2023
Net transactions value
-$341,936
Form type
4
Filing time
29 Nov 2023, 21:08:07 UTC
Previous filing
30 Aug 2023
Next filing
27 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction U Common Stock Other $0 -89,251 -13% $0.000000 578,182 02 Nov 2023 Direct F1
transaction U Common Stock Other $0 +89,251 $0.000000 89,251 02 Nov 2023 By Trust
transaction U Common Stock Award $0 +198,873 +34% $0.000000 777,055 27 Nov 2023 Direct F2
transaction U Common Stock Award $0 +232,018 +30% $0.000000 1,009,073 27 Nov 2023 Direct F3
transaction U Common Stock Sale $324,539 -11,533 -1.1% $28.14 997,540 27 Nov 2023 Direct F4, F5
transaction U Common Stock Sale $17,398 -602 -0.06% $28.90 996,939 27 Nov 2023 Direct F4, F6, F7

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 $0 +132,582 $0.000000 132,582 27 Nov 2023 Common Stock 132,582 $28.13 Direct F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a transfer to the Reporting Person's trust, of which the Reporting Person is the sole trustee. There was no change in beneficial or pecuniary interest.
F2 Represents restricted stock units granted to the Reporting Person. The shares subject to this award shall vest 25% on May 25th of each year beginning on May 25, 2024, subject to the Reporting Person's continuous service through the vesting period.
F3 Represents restricted stock units granted to the Reporting Person. The shares subject to this award shall vest 6.25% quarterly beginning on February 25, 2024, subject to the Reporting Person's continuous service through the vesting period.
F4 Represents the number of shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of restricted stock units. The sale occurred automatically to satisfy the tax withholding obligations to be funded by a "sell to cover" and does not represent a discretionary trade by the Reporting Person.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $27.77 to $28.76, 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 5 through 6 of this Form 4.
F6 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.78 to $29.03, inclusive.
F7 Includes 1 share purchased by the Reporting Person in exempt transactions pursuant to Rule 16b-3(c) under the company's employee stock purchase plan.
F8 The shares subject to this award shall vest 25% on May 25th of each year beginning on May 25, 2024, subject to the Reporting Person's continuous service through the vesting period.