SEC Form 4
| FORM 4 | UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP 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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| Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). | |||||||||||||||||
1. Name and Address of Reporting Person*
(Street)
| 2. Issuer Name and Ticker or Trading Symbol Unity Software Inc. [ U ] | 5. Relationship of Reporting Person(s) to Issuer (Check all applicable)
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| 3. Date of Earliest Transaction (Month/Day/Year) 09/22/2020 | ||||||||||||||||||||||||||
| 4. If Amendment, Date of Original Filed (Month/Day/Year) | 6. Individual or Joint/Group Filing (Check Applicable Line)
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| Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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| 1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction Code (Instr. 8) | 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) | 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) | 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) | |||
| Code | V | Amount | (A) or (D) | Price | ||||||
| Common Stock | 09/22/2020 | C | 3,001,240 | A | (1) | 12,290,518 | I | Sequoia Capital Global Growth Fund, L.P.(2)(3)(4) | ||
| Common Stock | 09/22/2020 | C | 87,091 | A | (1) | 356,651 | I | Sequoia Capital Global Growth Principals Fund, L.P.(2)(3)(4) | ||
| Common Stock | 09/22/2020 | C | 10,081,441 | A | (1) | 13,991,048 | I | Sequoia Capital Global Growth Fund III - Endurance Partners, L.P.(2)(3)(4) | ||
| Common Stock | 09/22/2020 | C | 2,288,320 | A | (1) | 2,288,320 | I | Sequoia Capital XII Principals Fund, LLC(2)(3)(4) | ||
| Common Stock | 09/22/2020 | C | 21,410,700 | A | (1) | 21,410,700 | I | Sequoia Capital XII, L.P.(2)(3)(4) | ||
| Common Stock | 09/22/2020 | C | 801,160 | A | (1) | 801,160 | I | Sequoia Technology Partners XII, L.P.(2)(3)(4) | ||
| Common Stock | 6,016,318 | I | Sequoia Capital U.S. Growth Fund VI, L.P.(2)(3)(4) | |||||||
| Common Stock | 301,354 | I | Sequoia Capital U.S. Growth VI Principals Fund, L.P.(2)(3)(4) | |||||||
| Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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| 1. Title of Derivative Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date (Month/Day/Year) | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
| Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
| Series A Preferred Stock | (1) | 09/22/2020 | C | 2,027,400 | (1) | (1) | Common Stock | 2,027,400 | $0.00 | 0 | I | Sequoia Capital XII Principals Fund, LLC(2)(3)(4) | |||
| Series A Preferred Stock | (1) | 09/22/2020 | C | 18,969,380 | (1) | (1) | Common Stock | 18,969,380 | $0.00 | 0 | I | Sequoia Capital XII, L.P.(2)(3)(4) | |||
| Series A Preferred Stock | (1) | 09/22/2020 | C | 709,810 | (1) | (1) | Common Stock | 709,810 | $0.00 | 0 | I | Sequoia Technology Partners XII, L.P.(2)(3)(4) | |||
| Series B Preferred Stock | (1) | 09/22/2020 | C | 2,005,056 | (1) | (1) | Common Stock | 2,005,056 | $0.00 | 0 | I | Sequoia Capital Global Growth Fund, L.P.(2)(3)(4) | |||
| Series B Preferred Stock | (1) | 09/22/2020 | C | 58,183 | (1) | (1) | Common Stock | 58,183 | $0.00 | 0 | I | Sequoia Capital Global Growth Principals Fund, L.P.(2)(3)(4) | |||
| Series B Preferred Stock | (1) | 09/22/2020 | C | 260,920 | (1) | (1) | Common Stock | 260,920 | $0.00 | 0 | I | Sequoia Capital XII Principals Fund, LLC(2)(3)(4) | |||
| Series B Preferred Stock | (1) | 09/22/2020 | C | 2,441,320 | (1) | (1) | Common Stock | 2,441,320 | $0.00 | 0 | I | Sequoia Capital XII, L.P.(2)(3)(4) | |||
| Series B Preferred Stock | (1) | 09/22/2020 | C | 91,350 | (1) | (1) | Common Stock | 91,350 | $0.00 | 0 | I | Sequoia Technology Partners XII, L.P.(2)(3)(4) | |||
| Series C Preferred Stock | (1) | 09/22/2020 | C | 996,184 | (1) | (1) | Common Stock | 996,184 | $0.00 | 0 | I | Sequoia Capital Global Growth Fund, L.P.(2)(3)(4) | |||
| Series C Preferred Stock | (1) | 09/22/2020 | C | 28,908 | (1) | (1) | Common Stock | 28,908 | $0.00 | 0 | I | Sequoia Capital Global Growth Principals Fund, L.P.(2)(3)(4) | |||
| Series D-1 Preferred Stock | (1) | 09/22/2020 | C | 5,730,132 | (1) | (1) | Common Stock | 5,730,132 | $0.00 | 0 | I | Sequoia Capital Global Growth Fund III - Endurance Partners, L.P.(2)(3)(4) | |||
| Series E Preferred Stock | (1) | 09/22/2020 | C | 4,351,309 | (1) | (1) | Common Stock | 4,351,309 | $0.00 | 0 | I | Sequoia Capital Global Growth Fund III - Endurance Partners, L.P.(2)(3)(4) | |||
1. Name and Address of Reporting Person*
(Street)
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1. Name and Address of Reporting Person*
(Street)
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1. Name and Address of Reporting Person*
(Street)
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1. Name and Address of Reporting Person*
(Street)
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1. Name and Address of Reporting Person*
(Street)
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1. Name and Address of Reporting Person*
(Street)
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| Explanation of Responses: |
| 1. The Series A Preferred Stock, Series B Preferred Stock, Series C Preferred Stock, Series D-1 Preferred Stock and Series E Preferred Stock converted into shares of common stock on a 1:1 basis immediately prior to the consummation of the Issuer's initial public offering, and had no expiration date. |
| 2. SC US (TTGP), Ltd. is (i) the general partner of SC U.S. Growth VI Management, L.P., which is the general partner of each of Sequoia Capital U.S. Growth Fund VI, L.P. (GFVI) and Sequoia Capital U.S. Growth VI Principals Fund, L.P. (GFVI PF) (collectively, the GFVI Funds); (ii) the general partner of SCGGF Management, L.P., which is the general partner of each of Sequoia Capital Global Growth Fund, LP (GGF) and Sequoia Capital Global Growth Principals Fund, LP (GGF PF) (collectively, the GGF Funds); and (iii) the general partner of SCGGF III - Endurance Partners Management, L.P., which is the general partner of Sequoia Capital Global Growth Fund III - Endurance Partners, L.P. (GGF III). |
| 3. (Continued from footnote 2) As a result, SC US (TTGP), Ltd. may be deemed to share voting and dispositive power with respect to the shares held by GGF III and the GGF Funds. SC XII Management, LLC is the general partner of each of Sequoia Capital XII, L.P. (XII) and Sequoia Technology Partners XII, L.P. (STP XII), and the managing member of Sequoia Capital XII Principals Fund, LLC (XII PF) (collectively the XII Funds). As a result, and by virtue of the relationships described in this paragraph, SC XII Management, LLC may be deemed to share beneficial ownership with respect to the shares held by the XII Funds. In addition, the directors and stockholders of SC US (TTGP), Ltd. who exercise voting and investment discretion with respect to the GGF Funds are Douglas Leone and James Goetz, and the directors and stockholders of SC US (TTGP), Ltd. who exercise voting and investment discretion with respect to GGF III are Douglas Leone and Roelof Botha. |
| 4. (Continued from footnote 3) By virtue of the relationships described in this paragraph, Douglas Leone and James Goetz may be deemed to share voting and dispositive power with respect to the shares held by the GGF Funds, and Douglas Leone and Roelof Botha may be deemed to share voting and dispositive power with respect to the shares held by GGF III..Each of the reporting persons disclaims beneficial ownership of the shares held by the XII Funds, the GFVI Funds, the GGF Funds, and GGF III, as applicable, except to the extent of his or its pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes. |
| Remarks: |
| Form 2 of 2 |
| /s/ Jung Yeon Son, by power of attorney for Douglas Leone | 09/22/2020 | |
| /s/ Jung Yeon Son, by power of attorney for James Goetz | 09/22/2020 | |
| s/ Jung Yeon Son, by power of attorney for Douglas Leone, a Director of SC US (TTGP), Ltd., the General Partner of SC U.S. Growth VI Management, L.P. | 09/22/2020 | |
| /s/ Jung Yeon Son, by power of attorney for Douglas Leone, a Director of SC US (TTGP), Ltd., the General Partner of SC U.S. Growth VI Management, L.P., the General Partner of Sequoia Capital U.S. Growth VI Fund, L.P. | 09/22/2020 | |
| /s/ Jung Yeon Son, by power of attorney for Douglas Leone, a Director of SC US (TTGP), Ltd., the General Partner of SC U.S. Growth VI Management, L.P., the General Partner of Sequoia Capital U.S. Growth VI Principals Fund, L.P. | 09/22/2020 | |
| ** Signature of Reporting Person | Date | |
| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
| * If the form is filed by more than one reporting person, see Instruction 4 (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). | ||
| Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. | ||