Alexander Blum - Nov 1, 2024 Form 3 Insider Report for Unity Software Inc. (U)

Role: SVP, Chief Operating Officer
Signature: /s/ Nora Go, Attorney-in-fact
Stock symbol: U
Transactions as of: Nov 1, 2024
Transactions value $: $0
Form type: 3
Date filed: 11/4/2024, 03:58 PM

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	U	Common Stock						438K	Nov 1, 2024	Direct	F1

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
holding	U	Stock Option (Right to Buy)							Nov 1, 2024	Common Stock	340K	$16.15	Direct	F2, F3, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents restricted stock units ("RSUs") granted to the Reporting Person that shall vest 25% on August 25, 2025, and 6.25% of the RSUs shall vest quarterly thereafter, subject to the Reporting Person's continuous service through the vesting period.
F2	Represents shares subject to an option which will vest during a four-year performance period beginning on July 8, 2024 and ending on July 8, 2028 (the "Performance Period") and will be divided into two vesting tranches, each covering 50% of the total shares subject to the award. Each vesting tranche is subject to satisfaction of a continued service requirement and a stock price hurdle. The vesting date for a particular vesting tranche will be the date that both the applicable continued service requirement and the applicable stock price hurdle are satisfied with respect to such vesting tranche.
F3	(Continued from footnote 2 above) For the continued service requirement to be satisfied with respect to a particular vesting tranche, the Reporting Person must remain in continuous service through the applicable end date for such vesting tranche as follows: (i) July 8, 2025 for the first vesting tranche and (ii) July 8, 2026 for the second vesting tranche. The stock price hurdle for a particular vesting tranche will be satisfied if during the Performance Period, the volume-weighted average trading price of Issuer's common stock on the New York Stock Exchange equals or exceeds the applicable stock price hurdle for such vesting tranche for a period of 60 consecutive calendar days.
F4	(Continued from footnote 3 above) The stock price hurdles are as follows: (i) $35.00 with respect to the first vesting tranche and (ii) $50.00 with respect to the second vesting tranche.