Carl M. Eschenbach - 09 Dec 2022 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
13 Dec 2022, 15:50:11 UTC
Prior SEC filing
13 Sep 2022
Next SEC filing
14 Dec 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Jung Yeon Son, as Attorney-in-Fact

Key filing fact

Carl M. Eschenbach filed Form 4 for UiPath, Inc. (PATH) on 13 Dec 2022.

Key facts

  • This page summarizes Carl M. Eschenbach's Form 4 filing for UiPath, Inc. (PATH).
  • 5 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 13 Dec 2022, 15:50.

Change

  • Previous filing in this sequence was filed on 13 Sep 2022.
  • 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

Other

Transaction value
Shares
-2,086,729
Change %
-50%
Price
Shares after
2,086,729
Date
09 Dec 2022
Ownership
By Sequoia Capital U.S. Growth Fund VII, L.P.
Footnotes
F1, F2
PATH transaction

Class A Common Stock

Other

Transaction value
Shares
-29,391
Change %
-50%
Price
Shares after
29,391
Date
09 Dec 2022
Ownership
By Sequoia Capital U.S. Growth VII Principals Fund, L.P.
Footnotes
F1, F2
PATH transaction

Class A Common Stock

Other

Transaction value
Shares
-793,817
Change %
-26%
Price
Shares after
2,218,209
Date
09 Dec 2022
Ownership
By Sequoia Grove II, LLC
Footnotes
F1, F3
PATH transaction

Class A Common Stock

Other

Transaction value
Shares
-15,045
Change %
-24%
Price
Shares after
47,380
Date
09 Dec 2022
Ownership
By Sequoia Grove UK, L.P.
Footnotes
F1, F3
PATH transaction

Class A Common Stock

Other

Transaction value
Shares
+10,272
Change %
+3.1%
Price
Shares after
342,036
Date
09 Dec 2022
Ownership
By estate planning vehicles
Footnotes
F1
PATH holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
4,400,687
Date
09 Dec 2022
Ownership
By Sequoia Capital U.S. Growth Fund VIII, L.P.
Footnotes
F2
PATH holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
26,408
Date
09 Dec 2022
Ownership
Direct
Footnotes
F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

Represents a distribution of Class A Common Stock of the Issuer to partners or members and includes subsequent distributions by general partners or managing members to their respective partners or members.

Footnote F2

The Reporting Person is a director and stockholder of SC US (TTGP), Ltd. SC US (TTGP), Ltd. is (i) the general partner of SC U.S. Growth VII Management, L.P., which is the general partner of each of Sequoia Capital U.S. Growth Fund VII, L.P. and Sequoia Capital U.S. Growth VII Principals Fund, L.P.; and (ii) the general partner of SC U.S. Growth VIII Management, L.P., which is the general partner of Sequoia Capital U.S. Growth Fund VIII, L.P. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.

Footnote F3

The Reporting Person is a member of Sequoia Grove II, LLC and a limited partner of Sequoia Grove UK, L.P. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.

Footnote F4

Includes 26,408 Restricted Stock Units (RSUs). Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement. 1/16th of the RSUs vest for each quarter of continuous service by the Reporting Person to the Issuer following March 16, 2021 and subject to continuous service through each such vesting date.

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