Form 4 for U Unity Software Inc.
Accepted 2023-09-15 00:00:00 ET · period of report 2023-09-15 · accession 0000899243-23-019190 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| MI | 2023-09-15 | 2023-09-15 | U | Silver Lake Group, L.L.C. | Dir | S - Sale | $36.77 | -188.0K | 61.0K | -76% | -$6.91M |
| I | 2023-09-15 | 2023-09-15 | U | Silver Lake Group, L.L.C. | Dir | J - Other | $0.00 | -61.0K | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2023-09-15 | S | D | 181,151 | $36.75 | 67,864 | I Held through Silver Lake Group, L.L.C. | — | — | (F9) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $36.16 to $37.1594, inclusive. The reporting persons undertake 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 the footnotes to this Form 4. (F5) Silver Lake Technology Associates IV, L.P. ("SLTA IV") is the general partner of SLP IV and SLTI IV and the managing member of SLP Union GP. The general partner of SLTA IV is SLTA IV (GP), L.L.C. ("SLTA IV GP"), the managing member of which is SLG. Mr. Durban serves as a director of the Issuer and Co-CEO and a Managing Member of SLG. Each of SLP IV, SLTI IV, SLP Union, SLP Union GP, SLTA IV, SLTA IV GP and SLG may be deemed to be a director by deputization of the Issuer. (F1) These securities are directly owned by Silver Lake Group, L.L.C. ("SLG"). Such securities were received in prior in-kind distributions from certain affiliates of SLG. The sale described herein is being made solely by SLG. Investment funds affiliated with SLG which hold securities of the Issuer are not selling any securities of the Issuer at this time. |
| 2 | Common | Common Stock | 2023-09-15 | S | D | 6,856 | $37.20 | 61,008 | I Held through Silver Lake Group, L.L.C. | — | — | (F10) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $37.16 to $37.25, inclusive. The reporting persons undertake 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 the footnotes to this Form 4. (F5) Silver Lake Technology Associates IV, L.P. ("SLTA IV") is the general partner of SLP IV and SLTI IV and the managing member of SLP Union GP. The general partner of SLTA IV is SLTA IV (GP), L.L.C. ("SLTA IV GP"), the managing member of which is SLG. Mr. Durban serves as a director of the Issuer and Co-CEO and a Managing Member of SLG. Each of SLP IV, SLTI IV, SLP Union, SLP Union GP, SLTA IV, SLTA IV GP and SLG may be deemed to be a director by deputization of the Issuer. (F1) These securities are directly owned by Silver Lake Group, L.L.C. ("SLG"). Such securities were received in prior in-kind distributions from certain affiliates of SLG. The sale described herein is being made solely by SLG. Investment funds affiliated with SLG which hold securities of the Issuer are not selling any securities of the Issuer at this time. |
| 3 | Common | Common Stock | 2023-09-15 | J | D | 61,008 | $0.00 | 0 | I Held through Silver Lake Group, L.L.C. | — | — | (F11) Represents a distribution by SLG of shares of Common Stock to certain of its members as an in-kind distribution. Investment funds affiliated with SLG which hold securities of the Issuer are not distributing any securities of the Issuer at this time. (F5) Silver Lake Technology Associates IV, L.P. ("SLTA IV") is the general partner of SLP IV and SLTI IV and the managing member of SLP Union GP. The general partner of SLTA IV is SLTA IV (GP), L.L.C. ("SLTA IV GP"), the managing member of which is SLG. Mr. Durban serves as a director of the Issuer and Co-CEO and a Managing Member of SLG. Each of SLP IV, SLTI IV, SLP Union, SLP Union GP, SLTA IV, SLTA IV GP and SLG may be deemed to be a director by deputization of the Issuer. (F1) These securities are directly owned by Silver Lake Group, L.L.C. ("SLG"). Such securities were received in prior in-kind distributions from certain affiliates of SLG. The sale described herein is being made solely by SLG. Investment funds affiliated with SLG which hold securities of the Issuer are not selling any securities of the Issuer at this time. |