Unity Software director granted 8,181 RSUs
Whitehurst James M reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Whitehurst James M reported acquisition or exercise transactions in this Form 4 filing.
Unity Software Inc. director James M. Whitehurst received a grant of 8,181 restricted stock units of common stock as director compensation. These RSUs vest on the earlier of the first anniversary of the grant date or Unity’s next annual stockholder meeting, subject to his continuous service. The RSUs are held for the benefit of Silver Lake entities, and any sale proceeds are expected to be remitted to Silver Lake and/or its limited partners, with Mr. Whitehurst disclaiming beneficial ownership. Separately, he directly holds 240,311 shares of Unity common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 8,181 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Footnotes (3)
- F1. Represents restricted stock units granted to James M. Whitehurst, a director Unity Software Inc. (the "Issuer") and a Managing Director of Silver Lake Group, L.L.C. ("SLG"). The shares subject to this award shall vest on the earlier of (i) the first anniversary of the date of grant and (ii) the date of the Issuer's next annual meeting of stockholders, subject to Mr. Whitehurst's continuous service through the vesting period.
- F2. These securities are held by Mr. Whitehurst for the benefit of Silver Lake Technology Management, L.L.C., certain of its affiliates, and certain of the funds they manage ("Silver Lake"). Pursuant to Mr. Whitehurst's arrangement with Silver Lake with respect to director compensation, upon the sale of these securities, the proceeds from such sale(s) are expected to be remitted to Silver Lake and/or its limited partners. Mr. Whitehurst disclaims beneficial ownership of these securities and the inclusion of the securities in this report shall not be deemed an admission of beneficial ownership for purposes of Section 16 or any other purpose.
- F3. Represents shares of common stock held directly by Mr. Whitehurst.
Key Figures
Key Terms
restricted stock units financial
beneficial ownership regulatory
Section 16 regulatory
limited partners financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Unity Software (U) report for James M. Whitehurst?
How do the 8,181 RSUs granted to Unity Software (U) director James Whitehurst vest?
Who ultimately benefits from the RSUs granted to Unity Software (U) director James Whitehurst?
Does Unity Software (U) director James Whitehurst personally own the RSUs reported in this filing?
Is the Unity Software (U) Form 4 transaction a market buy or sell?
AI-generated analysis. How Rhea-AI works. Not financial advice.