Rich Wong - Jun 20, 2023 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 20, 2023
Transactions value $
-$781,284
Form type
4
Date filed
6/22/2023, 07:09 PM
Previous filing
Jun 20, 2023
Next filing
Jul 12, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PATH Class A Common Stock Sale -$781K -43.5K -4.44% $17.98 936K Jun 20, 2023 By trust F1, F2
holding PATH Class A Common Stock 37.4K Jun 20, 2023 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 These shares were sold in compliance with a qualified selling plan adopted by the reporting person pursuant to Rule 10b5-1 promulgated under the Securities Exchange Act of 1934, as amended.
F2 The range of prices for the transactions reported were from $17.9500 to $18.0500. The reporting person will provide, upon request by the Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares purchased or sold at each separate price.