Rich Wong - Sep 22, 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: Sep 22, 2023
Transactions value $: -$1,638,080
Form type: 4
Date filed: 9/26/2023, 07:50 PM
Previous filing: Jul 12, 2023
Next filing: Nov 16, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PATH	Class A Common Stock	Sale	-$1.64M	-100K	-11.37%	$16.38	780K	Sep 22, 2023	By Trust	F1, F2
holding	PATH	Class A Common Stock						37.4K	Sep 22, 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(c) promulgated under the Securities Exchange Act of 1934, as amended.
F2	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $16.49 to $16.295, inclusive. The Reporting Person undertakes to provide to UiPath, Inc., any security holder of UiPath, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range(s) set forth in this footnote of this Form 4.

Content

These shares were sold in compliance with a qualified selling plan adopted by the reporting person pursuant to Rule 10b5-1(c) promulgated under the Securities Exchange Act of 1934, as amended.

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $16.49 to $16.295, inclusive. The Reporting Person undertakes to provide to UiPath, Inc., any security holder of UiPath, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range(s) set forth in this footnote of this Form 4.