Ashim Gupta - 04 Jan 2024 Form 4 Insider Report for UiPath, Inc. (PATH)

Role
Chief Financial Officer
Signature
/s/ Brad Brubaker, Attorney-in-Fact
Issuer symbol
PATH
Transactions as of
04 Jan 2024
Net transactions value
-$4,796,773
Form type
4
Filing time
08 Jan 2024, 16:17:24 UTC
Previous filing
03 Jan 2024
Next filing
07 Feb 2024
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 Sale $2,824,162 -125,000 -13% $22.59 858,148 04 Jan 2024 Direct F1, F2
transaction PATH Class A Common Stock Sale $361,498 -16,000 -12% $22.59 119,505 04 Jan 2024 By Trust F1, F3
transaction PATH Class A Common Stock Sale $1,611,113 -70,000 -8.2% $23.02 788,148 08 Jan 2024 Direct F1, F4
* 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 $22.2900 to $23.2899. 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.
F3 The range of prices for the transactions reported were from $22.3600 to $23.3599. 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.
F4 The range of prices for the transactions reported were from $23.0000 to $23.9999. 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.