Unity Software (NYSE: U) director Kim Bernard Jin awarded 14,743 RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kim Bernard Jin reported acquisition or exercise transactions in this Form 4 filing.
Unity Software Inc. director Kim Bernard Jin reported an equity compensation grant of 14,743 shares of Common Stock in the form of restricted stock units at a price of $0.00 per share. These RSUs vest in equal quarterly installments over a three-year period from the grant date, conditioned on continued service.
The filing also lists 24,500 shares of Common Stock held indirectly through The Bernard and Melissa Kim Living Trust, over which Jin has shared voting and investment power. This trust holding is shown for informational purposes only and does not reflect a new transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Kim Bernard Jin
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 14,743 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 14,743 shares (Direct, null);
Common Stock — 24,500 shares (Indirect, By Family Trust)
Footnotes (1)
- Represents restricted stock units granted to the Reporting Person. The shares subject to this award vest in a series of successive equal quarterly installments over a three-year period measured from the grant date, subject to the Reporting Person's continued service through such date. There were no transactions effected in respect of the shares of Common Stock reported in this row, and the holdings in this row are being included for informational purposes only. The shares of Common Stock reported in this line are held by The Bernard and Melissa Kim Living Trust, with respect to which the Reporting Person has shared voting and investment power.
Key Figures
RSU grant size: 14,743 shares
Grant price: $0.00 per share
Vesting period: 3 years
+2 more
5 metrics
RSU grant size
14,743 shares
Restricted stock units of Common Stock granted to director Kim Bernard Jin
Grant price
$0.00 per share
Price per share for the 14,743 restricted stock units granted
Vesting period
3 years
RSUs vest in equal quarterly installments over three years from grant date
Trust holdings
24,500 shares
Common Stock held by The Bernard and Melissa Kim Living Trust
Direct holdings after grant
14,743 shares
Total direct Common Stock holdings following the RSU grant entry
Key Terms
restricted stock units, Grant, award, or other acquisition, indirect, Family Trust, +1 more
5 terms
restricted stock units financial
"Represents restricted stock units granted to the Reporting Person."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
indirect financial
"ownership_type: indirect"
Family Trust financial
"nature_of_ownership: By Family Trust"
FAQ
What insider transaction did Kim Bernard Jin report at Unity Software (U)?
Unity Software director Kim Bernard Jin reported receiving 14,743 restricted stock units of Common Stock as an equity grant at $0.00 per share. The grant is compensation, not an open-market purchase, and is structured to vest over time based on continued service.
How do Kim Bernard Jin’s new Unity Software RSUs vest over time?
The 14,743 restricted stock units granted to Kim Bernard Jin vest in a series of equal quarterly installments over a three-year period from the grant date. Each quarter, a portion converts into shares, subject to his continued service during the vesting schedule.
Are the reported Unity Software RSUs an open-market buy or compensation grant?
The 14,743 Unity Software RSUs reported for Kim Bernard Jin are a compensation-related grant, not an open-market stock purchase. They were awarded at $0.00 per share as part of his role, with vesting tied to ongoing service rather than immediate cash investment.
What indirect Unity Software holdings does Kim Bernard Jin report?
Kim Bernard Jin reports indirect ownership of 24,500 shares of Unity Software Common Stock through The Bernard and Melissa Kim Living Trust. He has shared voting and investment power over these shares, which are disclosed for informational purposes and do not reflect a new transaction.
What does the Form 4 reveal about Unity Software director compensation?
The Form 4 shows Unity Software compensates director Kim Bernard Jin partly with equity, granting 14,743 restricted stock units that vest quarterly over three years. This structure aligns his compensation with company performance and retention, rather than providing immediate cash-based pay alone.