Hitesh Ramani - Jan 3, 2022 Form 4 Insider Report for UiPath, Inc. (PATH)

Signature
/s/ Brad Brubaker, Attorney-in-Fact
Stock symbol
PATH
Transactions as of
Jan 3, 2022
Transactions value $
-$409,456
Form type
4
Date filed
1/5/2022, 06:42 PM
Previous filing
Jul 1, 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 -$409K -9.46K -8.15% $43.26 107K Jan 3, 2022 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 9,464 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.
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).