Form 4 for U Unity Software Inc.
Accepted 2023-11-29 00:00:00 ET · period of report 2023-11-02 · accession 0001810806-23-000195 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2023-11-29 | 2023-11-27 | U | Whitten Marc | Pres, Create Solutions | A - Grant | $0.00 | +430.9K | 1.01M | +75% | $0 |
| D | 2023-11-29 | 2023-11-02 | U | Whitten Marc | Pres, Create Solutions | J - Other | $0.00 | -89.3K | 578.2K | -13% | $0 |
| DI | 2023-11-29 | 2023-11-02 | U | Whitten Marc | Pres, Create Solutions | J - Other | $0.00 | +89.3K | 89.3K | New | $0 |
| DM | 2023-11-29 | 2023-11-27 | U | Whitten Marc | Pres, Create Solutions | S - Sale | $28.18 | -12.1K | 997.5K | -1% | -$341.9K |
| D | 2023-11-29 | 2023-11-27 | U | Whitten Marc | Pres, Create Solutions | A - Grant | $0.00 | +132.6K | 132.6K | New | $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 | 2023-11-27 | A | A | 198,873 | $0.00 | 777,055 | D | — | — | (F2) Represents restricted stock units granted to the Reporting Person. The shares subject to this award shall vest 25% on May 25th of each year beginning on May 25, 2024, subject to the Reporting Person's continuous service through the vesting period. |
| 2 | Common | Common Stock | 2023-11-02 | J | D | 89,251 | $0.00 | 578,182 | D By Trust | — | — | (F1) Represents a transfer to the Reporting Person's trust, of which the Reporting Person is the sole trustee. There was no change in beneficial or pecuniary interest. |
| 3 | Common | Common Stock | 2023-11-02 | J | A | 89,251 | $0.00 | 89,251 | I | — | — | |
| 4 | Common | Common Stock | 2023-11-27 | S | D | 602 | $28.90 | 996,939 | D | — | — | (F4) Represents the number of shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of restricted stock units. The sale occurred automatically to satisfy the tax withholding obligations to be funded by a "sell to cover" and does not represent a discretionary trade by the Reporting Person. (F6) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.78 to $29.03, inclusive. (F7) Includes 1 share purchased by the Reporting Person in exempt transactions pursuant to Rule 16b-3(c) under the company's employee stock purchase plan. |
| 5 | Common | Common Stock | 2023-11-27 | S | D | 11,533 | $28.14 | 997,540 | D | — | — | (F4) Represents the number of shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of restricted stock units. The sale occurred automatically to satisfy the tax withholding obligations to be funded by a "sell to cover" and does not represent a discretionary trade by the Reporting Person. (F5) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $27.77 to $28.76, inclusive. The Reporting Person undertakes 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 footnotes 5 through 6 of this Form 4. |
| 6 | Common | Common Stock | 2023-11-27 | A | A | 232,018 | $0.00 | 1,009,073 | D | — | — | (F3) Represents restricted stock units granted to the Reporting Person. The shares subject to this award shall vest 6.25% quarterly beginning on February 25, 2024, subject to the Reporting Person's continuous service through the vesting period. |
| 7 | Derivative | Stock Option (Right to Buy) | 2023-11-27 | A | A | 132,582 | $0.00 | 132,582 | D | $28.13 · — to 2033-11-26 | 132,582 Common Stock | (F8) The shares subject to this award shall vest 25% on May 25th of each year beginning on May 25, 2024, subject to the Reporting Person's continuous service through the vesting period. |