Brad Brubaker - 04 Nov 2021 Form 4 Insider Report for UiPath, Inc. (PATH)

Signature
/s/ Brad Brubaker
Issuer symbol
PATH
Transactions as of
04 Nov 2021
Net transactions value
-$691,732
Form type
4
Filing time
08 Nov 2021, 17:36:20 UTC
Previous filing
17 Aug 2021
Next filing
22 Dec 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PATH Common Stock Options Exercise $67,804 +13,400 $5.06 13,400 04 Nov 2021 Direct
transaction PATH Common Stock Sale $759,536 -13,400 -100% $56.68 0 04 Nov 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 -13,400 -4.2% $0.000000 306,818 04 Nov 2021 Common Stock 13,400 $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 $56.0900 to $57.2100. 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 underlying this stock option vested on April 15, 2020, with the remaining 75% vesting in 36 equal monthly installments.