Carl M. Eschenbach - Jun 16, 2022 Form 4 Insider Report for UiPath, Inc. (PATH)

Role
Director
Signature
/s/ Brad Brubaker, as Attorney-in-Fact
Stock symbol
PATH
Transactions as of
Jun 16, 2022
Transactions value $
$0
Form type
4
Date filed
6/22/2022, 05:40 PM
Previous filing
May 20, 2022
Next filing
Jun 24, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PATH Class A Common Stock Award $0 +10.4K +64.46% $0.00 26.4K Jun 16, 2022 Direct F1, F2
holding PATH Class A Common Stock 332K Jun 16, 2022 By estate planning vehicles
holding PATH Class A Common Stock 4.17M Jun 16, 2022 By Sequoia Capital U.S. Growth Fund VII, L.P. F3
holding PATH Class A Common Stock 4.4M Jun 16, 2022 By Sequoia Capital U.S. Growth Fund VIII, L.P. F3
holding PATH Class A Common Stock 58.8K Jun 16, 2022 By Sequoia Capital U.S. Growth VII Principals Fund, L.P. F3
holding PATH Class A Common Stock 3.01M Jun 16, 2022 By Sequoia Grove II, LLC F4
holding PATH Class A Common Stock 62.4K Jun 16, 2022 By Sequoia Grove UK, L.P. F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This grant was made pursuant to the issuer's non-employee director compensation policy.
F2 Includes 10,351 Restricted Stock Units (RSUs). Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement. Each Annual Director RSU vests on the earlier of the date of the following year's annual meeting (or the date immediately prior to the next annual meeting, if the non-employee director's service as a director ends at such meeting due to the director's failure to be re-elected or the director not standing for re-election); or the first anniversary of the date of grant, in each case subject to the director's continued service through such vesting date.
F3 The Reporting Person is a director and stockholder of SC US (TTGP), Ltd. SC US (TTGP), Ltd. is (i) the general partner of SC U.S. Growth VII Management, L.P., which is the general partner of each of Sequoia Capital U.S. Growth Fund VII, L.P. and Sequoia Capital U.S. Growth VII Principals Fund, L.P.; and (ii) the general partner of SC U.S. Growth VIII Management, L.P., which is the general partner of Sequoia Capital U.S. Growth Fund VIII, L.P. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.
F4 The Reporting Person is a member of Sequoia Grove II, LLC and a limited partner of Sequoia Grove UK, L.P. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.