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

Role
GC & Chief Legal Officer
Signature
/s/ Brad Brubaker
Issuer symbol
PATH
Transactions as of
28 Jan 2022
Net transactions value
$0
Form type
4
Filing time
01 Feb 2022, 20:07:58 UTC
Previous filing
05 Jan 2022
Next filing
18 Apr 2022
SEC
View on sec.gov

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 +119,653 119,653 28 Jan 2022 Class A Common Stock 119,653 $0.000000 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.