Hitesh Ramani - 01 Oct 2024 Form 4 Insider Report for UiPath, Inc. (PATH)

Signature
/s/ Brad Brubaker, Attorney-in-Fact
Issuer symbol
PATH
Transactions as of
01 Oct 2024
Net transactions value
-$272,576
Form type
4
Filing time
02 Oct 2024, 17:09:22 UTC
Previous filing
13 Sep 2024
Next filing
07 Oct 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PATH Class A Common Stock Tax liability $272,576 -21,295 -7.2% $12.80 274,739 01 Oct 2024 Direct F1
transaction PATH Class A Common Stock Award $0 +81,833 +30% $0.000000 356,572 02 Oct 2024 Direct F2
* 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 (RSUs).
F2 Includes 81,833 Restricted Stock Units (RSUs). Each RSU represents a contingent right to receive one shares of the Issuer's Class A Common Stock upon settlement. The RSUs vest over 3 years with 36% in 6 months, 10.75% over the next four quarters, and then 3.5% quarterly thereafter until the 3-year completion subject to continuous service through each vesting date.