Daniel Dines - 13 Mar 2025 Form 4 Insider Report for UiPath, Inc. (PATH)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
17 Mar 2025, 18:49:47 UTC
Prior SEC filing
18 Nov 2021
Next SEC filing
01 May 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Brad Brubaker, Attorney-in-Fact
Filing notes and source

Key filing fact

Daniel Dines filed Form 4 for UiPath, Inc. (PATH) on 17 Mar 2025.

Key facts

  • This page summarizes Daniel Dines's Form 4 filing for UiPath, Inc. (PATH).
  • 2 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 17 Mar 2025, 18:49.

Change

  • Previous filing in this sequence was filed on 18 Nov 2021.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

PATH transaction

Class A Common Stock

Conversion of derivative security

Transaction value
Shares
+5,000,000
Change %
+270%
Price
Shares after
6,853,255
Date
13 Mar 2025
Ownership
See Footnote
Footnotes
F1, F2, F3
PATH holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
24,918,585
Date
13 Mar 2025
Ownership
Direct
PATH holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
240,000
Date
13 Mar 2025
Ownership
By Spouse

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

PATH transaction Derivative

Class B Common Stock

Conversion of derivative security

Transaction value
$0
Shares
-5,000,000
Change %
-6.1%
Price
$0.000000
Shares after
77,452,748
Date
13 Mar 2025
Ownership
See Footnote
Underlying class
Class A Common Stock
Underlying amount
5,000,000
Exercise price
Footnotes
F1, F2, F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

On March 13, 2025, 5,000,000 shares of Class B Common Stock held by Ice Vulcan Holding Limited, an entity controlled by Daniel Dines, CEO, Founder, and Chairman of the Issuer, were converted to 5,000,000 shares of Class A Common Stock in connection with Ice Vulcan Holding Limited's adoption, on December 20, 2024, of a trading plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) under the Securities Exchange Act of 1934, as amended.

Footnote F2

Each share of Class B Common Stock is convertible at any time at the option of the holder into one share of Class A Common Stock of the Issuer and has no expiration date.

Footnote F3

The shares are held by Ice Vulcan Holding Limited. IceVulcan Investments Ltd. is the sole shareholder of Ice Vulcan Holding Limited, and Mr. Dines is the sole shareholder of IceVulcan Investments Ltd. Mr. Dines retains sole voting and investment power with respect to the shares of Class A Common Stock and Class B Common Stock held by Ice Vulcan Holding Limited.

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