Shlomo Dovrat - Nov 18, 2024 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
Nov 18, 2024
Transactions value $
-$2,216,241
Form type
4
Date filed
11/20/2024, 06:05 PM
Previous filing
Jun 6, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction U Common Stock Sale -$67.5K -3.75K -0.16% $17.99 2.39M Nov 18, 2024 By Viola Ventures III, L.P. F1, F2
transaction U Common Stock Other $0 -2.39M -100% $0.00 0 Nov 18, 2024 By Viola Ventures III, L.P. F2, F3
transaction U Common Stock Other $0 +604K $0.00 0 Nov 18, 2024 By Viola Ventures GP 3 Ltd. F4, F5
transaction U Common Stock Sale -$93.7K -4.92K -0.81% $19.04 599K Nov 19, 2024 By Viola Ventures GP 3 Ltd. F5
transaction U Common Stock Other $0 -599K -100% $0.00 0 Nov 19, 2024 By Viola Ventures GP 3 Ltd. F5, F6
transaction U Common Stock Other $0 +45.5K $0.00 45.5K Nov 18, 2024 By VP Partners III (Israel), L.P. F7, F8
transaction U Common Stock Sale -$865K -45.5K -100% $19.04 0 Nov 19, 2024 By VP Partners III (Israel), L.P. F8
transaction U Common Stock Other $0 +62.5K $0.00 62.5K Nov 18, 2024 By VP Partners III (Cayman), L.P. F9, F10
transaction U Common Stock Sale -$1.19M -62.5K -100% $19.04 0 Nov 19, 2024 By VP Partners III (Cayman), L.P. F10
transaction U Common Stock Other $0 +85.4K +35.46% $0.00 326K Nov 19, 2024 Direct F11, F12
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The transaction reported in this row consists of the sale, by Viola Ventures III, L.P. ("Viola Ventures III"), of shares of common stock, par value $0.000005 per share, of the Issuer ("Common Stock") to cover transaction expenses.
F2 The shares of Common Stock reported in this row were held directly by 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 is not a limited partner of Viola Ventures III and he disclaims beneficial ownership of shares of Common Stock held by Viola Ventures III except to the extent of his pecuniary interest therein.
F3 The transaction reported in this row consists of the distribution in kind, without consideration, by Viola Ventures III to its partners.
F4 The transaction reported in this row consists of the receipt by Viola Ventures GP of 603,652 shares of Common Stock, in the aggregate, from Viola Ventures III (598,733 shares as carried interest and 4,919 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.
F5 The shares of Common Stock reported in this row were 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.
F6 The transaction reported in this row consists of the distribution in kind, without consideration, by Viola Ventures GP of 598,733 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.
F7 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 46,675 shares of Common Stock via the distribution in kind by Viola Ventures III that is reported in the second row of this table.
F8 The shares of Common Stock reported in this row were 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.
F9 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 62,481 shares of Common Stock via the distribution in kind by Viola Ventures III that is reported in the second row of this table.
F10 The shares of Common Stock reported in this row were 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.
F11 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 85,446 shares of Common Stock via the distribution in kind by Viola Ventures GP of those shares (which shares were among the 598,733 shares distributed by Viola Ventures GP in respect of carried interest, as described in footnote (6) above).
F12 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.