Gupta Ashim - Apr 6, 2022 Form 4 Insider Report for UiPath, Inc. (PATH)

Role
Chief Financial Officer
Signature
/s/ Brad Brubaker, Attorney-in-Fact
Stock symbol
PATH
Transactions as of
Apr 6, 2022
Transactions value $
-$784,167
Form type
4
Date filed
4/18/2022, 07:08 PM
Previous filing
Feb 9, 2022
Next filing
Jun 13, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PATH Class A Common Stock Options Exercise $0 +38.4K +6.71% $0.00 610K Apr 6, 2022 Direct
transaction PATH Class A Common Stock Tax liability -$352K -16K -2.61% $22.06 594K Apr 6, 2022 Direct F1
transaction PATH Class A Common Stock Tax liability -$432K -19.6K -3.3% $22.06 575K Apr 6, 2022 Direct F1
holding PATH Class A Common Stock 358K Apr 6, 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 -38.4K -10.69% $0.00 321K Apr 6, 2022 Class A Common Stock 38.4K $0.00 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.