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

Signature
/s/ Brad Brubaker, Attorney-in-Fact
Stock symbol
PATH
Transactions as of
Apr 6, 2022
Transactions value $
-$188,834
Form type
4
Date filed
4/18/2022, 07:08 PM
Previous filing
Jul 6, 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 +6.54K +6.14% $0.00 113K Apr 6, 2022 Direct
transaction PATH Class A Common Stock Tax liability -$115K -5.2K -4.6% $22.06 108K Apr 6, 2022 Direct F1
transaction PATH Class A Common Stock Tax liability -$74.1K -3.36K -3.11% $22.06 105K Apr 6, 2022 Direct F1

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 -6.54K -6.25% $0.00 98.2K Apr 6, 2022 Class A Common Stock 6.54K $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: 6.25% of the shares underlying the RSU award vest quarterly starting on April 1, 2022 subject to continuous service through each such vesting.