Mark Barrysmith - Aug 19, 2024 Form 4 Insider Report for Unity Software Inc. (U)

Signature
/s/ Nora Go, Attorney-in-fact
Stock symbol
U
Transactions as of
Aug 19, 2024
Transactions value $
$0
Form type
4
Date filed
8/21/2024, 04:31 PM
Previous filing
Jul 18, 2024
Next filing
Aug 27, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction U Common Stock Award $0 +188K +87.49% $0.00 402K Aug 19, 2024 Direct F1
transaction U Common Stock Award $0 +62.6K +15.55% $0.00 465K Aug 19, 2024 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted stock units granted to the Reporting Person. The shares subject to this award will vest over approximately 4 years, with 6.25% of the RSUs vesting on November 25, 2024 and 6.25% quarterly thereafter for so long as the Reporting Person continues to provide service.
F2 Represents performance-based restricted stock units (PVUs) granted to the Reporting Person. The shares subject to this award will vest using the Issuer's stock price as a vesting hurdle over a seven-year period (the "Performance Period"). The vesting date will be the date that both the applicable continued service requirement and the stock price hurdle are satisfied. The continued service requirement will be satisfied in equal quarterly installments over four years beginning on August 9, 2024. The stock price hurdle will be satisfied if during the Performance Period, the closing price of the Issuer's common stock on the New York Stock Exchange exceeds $20.00 for a period of 20 consecutive trading days.