Ashim Gupta - 06 Apr 2022 Form 4 Insider Report for UiPath, Inc. (PATH)

Role: Chief Financial Officer
Signature: /s/ Brad Brubaker, Attorney-in-Fact
Issuer symbol: PATH
Transactions as of: 06 Apr 2022
Net transactions value: -$784,167
Form type: 4
Filing time: 18 Apr 2022, 19:08:03 UTC
Previous filing: 09 Feb 2022
Next filing: 13 Jun 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PATH	Class A Common Stock	Options Exercise	$0	+38,380	+6.7%	$0.000000	610,396	06 Apr 2022	Direct
transaction	PATH	Class A Common Stock	Tax liability	$351,945	-15,954	-2.6%	$22.06	594,442	06 Apr 2022	Direct	F1
transaction	PATH	Class A Common Stock	Tax liability	$432,222	-19,593	-3.3%	$22.06	574,849	06 Apr 2022	Direct	F1
holding	PATH	Class A Common Stock						357,505	06 Apr 2022	By trust

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	Options Exercise	$0	-38,380	-11%	$0.000000	320,579	06 Apr 2022	Class A Common Stock	38,380	$0.000000	Direct	F2, F3

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

Explanation of Responses:

Id	Content
F1	Represents shares withheld by the Issuer to satisfy a tax obligation realized by the Reporting Person upon the vesting and settlement of restricted stock units (RSU).
F2	Each RSU represents a contingent right to receive one share of common stock of the Issue upon vesting.
F3	This award vests based upon the following vesting schedule: 38,380 shares on each of April 1, July 1, October 1, 2022 and January 1, 2023; 24,836 shares on each of April 1, July 1, October 1, 2023 and January 1, 2024; with the remaining shares vesting in equal quarterly installments through January 1, 2026, subject to continuous service through each such vesting.