Brad Brubaker - Jan 28, 2022 Form 4 Insider Report for UiPath, Inc. (PATH)

Signature
/s/ Brad Brubaker
Stock symbol
PATH
Transactions as of
Jan 28, 2022
Transactions value $
$0
Form type
4
Date filed
2/1/2022, 08:07 PM
Previous filing
Jan 5, 2022
Next filing
Apr 18, 2022

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 Restricted Stock Units Award +120K 120K Jan 28, 2022 Class A Common Stock 120K $0.00 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Converts into Class A Common Stock on a one-for-one basis.
F2 This award vests based upon the following vesting schedule: 25% of the shares underlying the restricted stock units will vest on April 1, 2023, with the remaining shares vesting in equal quarterly installments over the next three years, subject to continuous service through each such vesting.