Ted Kummert - Sep 9, 2021 Form 4 Insider Report for UiPath, Inc. (PATH)

Role: EVP, Product & Engineering
Signature: /s/ Brad Brubaker, Attorney-in-Fact
Stock symbol: PATH
Transactions as of: Sep 9, 2021
Transactions value $: -$2,551,505
Form type: 4
Date filed: 9/13/2021, 07:47 PM
Next filing: Dec 22, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PATH	Class A Common Stock	Options Exercise	$253K	+50K	+5.96%	$5.06	889K	Sep 9, 2021	Direct
transaction	PATH	Class A Common Stock	Sale	-$2.8M	-50K	-5.63%	$56.09	839K	Sep 9, 2021	Direct	F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	PATH	Stock Option (Right to Buy)	Options Exercise	$0	-50K	-5.96%	$0.00	789K	Sep 9, 2021	Class A Common Stock	50K	$5.06	Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	These shares were sold in compliance with a qualified selling plan adopted by the reporting person pursuant to Rule 10b5-1 promulgated under the Securities Exchange Act of 1934, as amended.
F2	The range of prices for the transactions reported were from $55.8700 to $56.3100. The reporting person will provide, upon request by the Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares purchased or sold at each separate price.
F3	25% of the shares subject to the option vested on March 9, 2021, with the remaining shares vesting in equal monthly installments over the next three years, subject to Reporting Person's continuous service through each such vesting date. The option expires ten years after the date of grant.