Ted Kummert - Jan 3, 2022 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: Jan 3, 2022
Transactions value $: -$747,526
Form type: 4
Date filed: 1/5/2022, 06:41 PM
Previous filing: Dec 22, 2021
Next filing: Jul 6, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PATH	Class A Common Stock	Sale	-$748K	-17.3K	-2.53%	$43.26	666K	Jan 3, 2022	Direct	F1, F2

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

Explanation of Responses:

Id	Content
F1	Includes 17,278 shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the settlement of the Issuer's equity inventive plan 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 $42.4200 to $43.4200, 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.

Content

Includes 17,278 shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the settlement of the Issuer's equity inventive plan 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.

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $42.4200 to $43.4200, 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.