Ingrid Lestiyo - Nov 10, 2021 Form 4 Insider Report for Unity Software Inc. (U)

Role
SVP & GM, Operate Solutions
Signature
/s/ Nora Go, Attorney-in-fact
Stock symbol
U
Transactions as of
Nov 10, 2021
Transactions value $
-$2,890,000
Form type
4
Date filed
11/12/2021, 03:39 PM
Previous filing
Nov 10, 2021
Next filing
Nov 15, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction U Common Stock Options Exercise $16.1K +4K +4.27% $4.03* 97.7K Nov 10, 2021 Direct
transaction U Common Stock Sale -$640K -4K -4.09% $160.00 93.7K Nov 10, 2021 Direct F1
transaction U Common Stock Options Exercise $112K +12.5K +13.33% $8.95* 106K Nov 10, 2021 Direct
transaction U Common Stock Sale -$2.25M -12.5K -11.77% $180.00 93.7K Nov 10, 2021 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
transaction U Stock Option (Right to Buy) Options Exercise -$16.1K -4K -3.57% $4.03* 108K Nov 10, 2021 Common Stock 4K $4.03 Direct F2
transaction U Stock Option (Right to Buy) Options Exercise -$112K -12.5K -3.82% $8.95* 315K Nov 10, 2021 Common Stock 12.5K $8.95 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.
F2 13.19% of the shares subject to the option vested on each of December 31, 2018 and December 31, 2019, 27.08% of the shares subject to the option vested on December 31, 2020 and 46.54% shares subject to the option shall vest on December 31, 2021, subject to the reporting person's continued service through each vesting date.
F3 14.29% of the shares subject to the option vest on December 31, 2020 and 28.57% of the shares subject to the option vest on each of December 31, 2021, December 31, 2022 and December 31, 2023, subject to the reporting person's continued service through each such vesting date.