0001810806-22-000073.txt : 20221031 0001810806-22-000073.hdr.sgml : 20221031 20221031162859 ACCESSION NUMBER: 0001810806-22-000073 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20221027 FILED AS OF DATE: 20221031 DATE AS OF CHANGE: 20221031 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Carpenter Carol W. CENTRAL INDEX KEY: 0001610111 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39497 FILM NUMBER: 221346368 MAIL ADDRESS: STREET 1: 1040 AVENUE OF THE AMERICAS STREET 2: 8TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10018 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Unity Software Inc. CENTRAL INDEX KEY: 0001810806 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 270334803 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 30 - 3RD STREET CITY: SAN FRANCISCO STATE: CA ZIP: 94103 BUSINESS PHONE: 415-539-3162 MAIL ADDRESS: STREET 1: 30 - 3RD STREET CITY: SAN FRANCISCO STATE: CA ZIP: 94103 4 1 wf-form4_166724811803277.xml FORM 4 X0306 4 2022-10-27 0 0001810806 Unity Software Inc. U 0001610111 Carpenter Carol W. C/O UNITY SOFTWARE INC. 30 3RD STREET SAN FRANCISCO CA 94103 0 1 0 0 SVP & Chief Marketing Officer Common Stock 2022-10-27 4 A 0 109986 0 A 328789 D Common Stock 2022-10-27 4 A 0 109986 0 A 438775 D Performance-based restricted stock units (PSUs) use the Company's stock price as vesting hurdles over a seven-year period. There are four vesting hurdles ranging from $50 to $100, in three $15 increments and a fourth $20 increment, with each hurdle pricing for vesting of an amount of common shares equal to 25% of the PSUs granted. A hurdle is met when the Company's closing trading stock price is greater than the hurdle amount for 20 consecutive trading days. Each tranche of PSUs is also subject to a continued service requirement and will vest on the later of the date that such service requirement is satisfied and the date on which the hurdle is achieved. No vesting may occur before November 1, 2023. Vesting over approximately 4 years, with 6.25% of the RSUs vesting on the first Quarterly Installment Date that occurs at least 1 month after the Vesting Commencement Date and 6.25% of the RSUs vesting upon each subsequent Quarterly Installment Date, in each case for so long as the Participant continues to provide service. The "Quarterly Installment Dates" are each of February 25th, May 25th, August 25th and November 25th of a given calendar year. Nora Go, Attorney-in-fact 2022-10-31