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

Role: Chief Accounting Officer
Signature: /s/ Brad Brubaker, Attorney-in-Fact
Issuer symbol: PATH
Transactions as of: 06 Apr 2022
Net transactions value: -$188,834
Form type: 4
Filing time: 18 Apr 2022, 19:08:14 UTC
Previous filing: 06 Jul 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	+6,544	+6.1%	$0.000000	113,204	06 Apr 2022	Direct
transaction	PATH	Class A Common Stock	Tax liability	$114,778	-5,203	-4.6%	$22.06	108,001	06 Apr 2022	Direct	F1
transaction	PATH	Class A Common Stock	Tax liability	$74,055	-3,357	-3.1%	$22.06	104,644	06 Apr 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	-6,544	-6.3%	$0.000000	98,152	06 Apr 2022	Class A Common Stock	6,544	$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: 6.25% of the shares underlying the RSU award vest quarterly starting on April 1, 2022 subject to continuous service through each such vesting.