Unity Software Inc.

11/04/2024 | Press release | Distributed by Public on 11/04/2024 14:59

Initial Statement of Beneficial Ownership - Form 3

Ownership Submission
FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person *
Blum Alexander
2. Date of Event Requiring Statement (Month/Day/Year)
2024-11-01 		3. Issuer Name and Ticker or Trading Symbol
Unity Software Inc. [U]
(Last) (First) (Middle)
C/O 30 3RD STREET
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
SVP, Chief Operating Officer /
5. If Amendment, Date Original Filed (Month/Day/Year)
(Street)
SAN FRANCISCO CA 94103
6. Individual or Join/Group Filing (Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security 2. Amount of Securities Beneficially Owned 3. Ownership Form: Direct (D) or Indirect (I) 4. Nature of Indirect Beneficial Ownership
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security 2. Date Exercisable and Expiration Date 3. Title and Amount of Securities Underlying Derivative Security 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) 6. Nature of Indirect Beneficial Ownership
Date Exercisable Expriation Date Title Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Blum Alexander
C/O 30 3RD STREET

SAN FRANCISCO, CA94103

SVP, Chief Operating Officer

Signatures

/s/ Nora Go, Attorney-in-fact 2024-11-04
**Signature of Reporting Person Date

Explanation of Responses:

(*) If the form is filed by more than one reporting person, see Instruction 5(b)(v).
(**) Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Represents restricted stock units ("RSUs") granted to the Reporting Person that shall vest 25% on August 25, 2025, and 6.25% of the RSUs shall vest quarterly thereafter, subject to the Reporting Person's continuous service through the vesting period.
(2) Represents shares subject to an option which will vest during a four-year performance period beginning on July 8, 2024 and ending on July 8, 2028 (the "Performance Period") and will be divided into two vesting tranches, each covering 50% of the total shares subject to the award. Each vesting tranche is subject to satisfaction of a continued service requirement and a stock price hurdle. The vesting date for a particular vesting tranche will be the date that both the applicable continued service requirement and the applicable stock price hurdle are satisfied with respect to such vesting tranche.
(3) (Continued from footnote 2 above) For the continued service requirement to be satisfied with respect to a particular vesting tranche, the Reporting Person must remain in continuous service through the applicable end date for such vesting tranche as follows: (i) July 8, 2025 for the first vesting tranche and (ii) July 8, 2026 for the second vesting tranche. The stock price hurdle for a particular vesting tranche will be satisfied if during the Performance Period, the volume-weighted average trading price of Issuer's common stock on the New York Stock Exchange equals or exceeds the applicable stock price hurdle for such vesting tranche for a period of 60 consecutive calendar days.
(4) (Continued from footnote 3 above) The stock price hurdles are as follows: (i) $35.00 with respect to the first vesting tranche and (ii) $50.00 with respect to the second vesting tranche.
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, See Instruction 6 for procedure. Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.