Whitten Marc 4
4 · Unity Software Inc. · Filed Oct 31, 2022
Insider Transaction Report
Form 4
Whitten Marc
SVP & GM, Create Solutions
Transactions
- Award
Common Stock
2022-10-27+439,947→ 692,691 total
Footnotes (1)
- [F1]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.