Ted Kummert - Dec 10, 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
Dec 10, 2021
Transactions value $
-$6,792,973
Form type
4
Date filed
12/22/2021, 05:24 PM
Previous filing
Sep 13, 2021
Next filing
Jan 5, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PATH Common Stock Sale -$6.79M -155K -18.51% $43.74 684K Dec 10, 2021 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 155,318 shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of restricted stock units (RSUs). These sales are mandated by the Issuer's election under its equity incentive plans to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and do not represent discretionary trades by the Reporting Person.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $39.6500 to $48.1600, inclusive. The Reporting Person undertakes to provide to UiPath, Inc., any security holder of UiPath, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range(s) set forth in this footnote of this Form 4.
F3 Reflects the December 20, 2021 purchase of 446 shares through the UiPath Employee Stock Purchase Plan at a price of $35.241 (reflecting the plan discount).