Accel Growth Fund IV L.P. - 15 Jun 2023 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
20 Jun 2023, 18:10:38 UTC
Prior SEC filing
07 Jun 2023
Next SEC filing
28 Jan 2026
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Tracy Sedlock, attorney in fact for Accel Growth Fund IV L.P.

Key filing fact

Accel Growth Fund IV L.P. filed Form 4 for UiPath, Inc. (PATH) on 20 Jun 2023.

Key facts

  • This page summarizes Accel Growth Fund IV L.P.'s Form 4 filing for UiPath, Inc. (PATH).
  • 6 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 20 Jun 2023, 18:10.

Change

  • Previous filing in this sequence was filed on 07 Jun 2023.
  • 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
$0
Shares
-1,661,324
Change %
-18%
Price
$0.000000
Shares after
7,408,106
Date
15 Jun 2023
Ownership
Direct
Footnotes
F1, F2
PATH transaction

Class A common stock

Other

Transaction value
$0
Shares
-9,451
Change %
-18%
Price
$0.000000
Shares after
42,158
Date
15 Jun 2023
Ownership
Accel Growth Fund IV Strategic Partners L.P.
Footnotes
F3, F4
PATH transaction

Class A common stock

Other

Transaction value
$0
Shares
-79,461
Change %
-18%
Price
$0.000000
Shares after
354,351
Date
15 Jun 2023
Ownership
Accel Growth Fund Investors 2016 L.L.C.
Footnotes
F5, F6
PATH transaction

Class A common stock

Other

Transaction value
$0
Shares
-2,922,838
Change %
-10%
Price
$0.000000
Shares after
25,077,157
Date
15 Jun 2023
Ownership
Accel London V L.P.
Footnotes
F7, F8, F9
PATH transaction

Class A common stock

Other

Transaction value
$0
Shares
-44,522
Change %
-10%
Price
$0.000000
Shares after
381,980
Date
15 Jun 2023
Ownership
Accel London V Strategic Partners L.P.
Footnotes
F10, F11, F12
PATH transaction

Class A common stock

Other

Transaction value
$0
Shares
-282,404
Change %
-10%
Price
$0.000000
Shares after
2,422,947
Date
15 Jun 2023
Ownership
Accel London Investors 2016 L.P.
Footnotes
F13, F14
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Accel Growth Fund IV L.P. is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 14 footnotes

Footnote F1

On June 15, 2023, Accel Growth Fund IV L.P. distributed, for no consideration, 1,661,324 shares of Class A common stock of the Issuer (the "Accel Growth IV Shares") to its limited partners and to Accel Growth Fund IV Associates L.L.C., the general partner of Accel Growth Fund IV L.P., representing each such partner's pro rata interest in such Accel Growth IV Shares. On the same date, Accel Growth Fund IV Associates L.L.C. distributed, for no consideration, the Accel Growth IV Shares it received in the distribution by Accel Growth Fund IV L.P. to its members, representing each such member's pro rata interest in such Accel Growth IV Shares. All of the aforementioned distributions were made in accordance with the exemptions afforded by Rules 16a-13 and 16a-9 of the Securities Exchange Act of 1934, as amended.

Footnote F10

On June 15, 2023, Accel London V Strategic Partners L.P. distributed, for no consideration, 44,522 shares of Class A common stock of the Issuer (the "Accel London V SP Shares") to its limited partners and to Accel London V Associates L.P., the general partner of Accel London V Strategic Partners L.P., representing each such partner's pro rata interest in such Accel London V SP Shares. On the same date, Accel London V Associates L.P. distributed, for no consideration, the Accel London V SP Shares it received in the distribution by Accel London V Strategic Partners L.P. to its limited partners and to Accel London V Associates L.L.C., the general partner of Accel London V Associates L.P., representing each such partner's pro rata interest in such Accel London V SP Shares. Continued in footnote (11) below.

Footnote F11

Continued from footnote (10): Also on that same date, Accel London V Associates L.L.C. distributed, for no consideration, the Accel London V SP Shares it received in the distribution by Accel London V Associates L.P. to its members, representing each such member's pro rata interest in such Accel London V SP Shares. All of the aforementioned distributions were made in accordance with the exemptions afforded by Rules 16a-13 and 16a-9 of the Securities Exchange Act of 1934, as amended.

Footnote F12

These shares are held by Accel London V Strategic Partners L.P.

Footnote F13

On June 15, 2023, Accel London Investors 2016 L.P. distributed, for no consideration, 282,404 shares of Class A common stock of the Issuer (the "Accel London Investors Shares") to its limited partners and to Accel London V Associates L.L.C., the general partner of Accel London Investors 2016 L.P., representing each such partner's pro rata interest in such Accel London Investors Shares. On that same date, Accel London V Associates L.L.C. distributed, for no consideration, the Accel London Investors Shares it received in the distribution by Accel London Investors 2016 L.P. to its members, representing each such member's pro rata interest in such Accel London Investors Shares. All of the aforementioned distributions were made in accordance with the exemptions afforded by Rules 16a-13 and 16a-9 of the Securities Exchange Act of 1934, as amended.

Footnote F14

These shares are held by Accel London Investors 2016 L.P.

Footnote F2

These shares are held by Accel Growth Fund IV L.P. Accel Growth Fund IV Associates L.L.C. ("Accel Growth Fund IV GP") is the general partner of each of Accel Growth Fund IV L.P. and Accel Growth Fund IV Strategic Partners L.P. (together, the "Accel Growth Fund IV Entities"). Accel Growth Fund IV GP has sole voting and dispositive power with regard to the shares held by the Accel Growth Fund IV Entities. Accel Growth Fund IV GP disclaims Section 16 beneficial ownership over the securities reported herein except to the extent of its pecuniary interest therein, if any, and this report shall not be deemed an admission that such reporting person is the beneficial owner of such securities for Section 16 or any other purpose.

Footnote F3

On June 15, 2023, Accel Growth Fund IV Strategic Partners L.P. distributed, for no consideration, 9,451 shares of Class A common stock of the Issuer (the "Accel Growth IV SP Shares") to its limited partners and to Accel Growth Fund IV Associates L.L.C., the general partner of Accel Growth Fund IV Strategic Partners L.P., representing each such partner's pro rata interest in such Accel Growth IV SP Shares. On the same date, Accel Growth Fund IV Associates L.L.C. distributed, for no consideration, the Accel Growth IV SP Shares it received in the distribution by Accel Growth Fund IV Strategic Partners L.P. to its members, representing each such member's pro rata interest in such Accel Growth IV SP Shares. All of the aforementioned distributions were made in accordance with the exemptions afforded by Rules 16a-13 and 16a-9 of the Securities Exchange Act of 1934, as amended.

Footnote F4

These shares are held by Accel Growth Fund IV Strategic Partners L.P.

Footnote F5

On June 15, 2023, Accel Growth Fund Investors 2016 L.L.C. distributed, for no consideration, 79,461 shares of Class A common stock of the Issuer to its members, representing each such member's pro rata interest in such shares. The aforementioned distribution was made in accordance with the exemptions afforded by Rules 16a-13 and 16a-9 of the Securities Exchange Act of 1934, as amended.

Footnote F6

These shares are held by Accel Growth Fund Investors 2016 L.L.C.

Footnote F7

On June 15, 2023, Accel London V L.P. distributed, for no consideration, 2,922,838 shares of Class A common stock of the Issuer (the "Accel London V Shares") to its limited partners and to Accel London V Associates L.P., the general partner of Accel London V L.P., representing each such partner's pro rata interest in such Accel London V Shares. On the same date, Accel London V Associates L.P. distributed, for no consideration, the Accel London V Shares it received in the distribution by Accel London V L.P. to its limited partners and to Accel London V Associates L.L.C., the general partner of Accel London V Associates L.P., representing each such partner's pro rata interest in such Accel London V Shares. Continued in footnote (8) below.

Footnote F8

Continued from footnote (7): Also on that same date, Accel London V Associates L.L.C. distributed, for no consideration, the Accel London V Shares it received in the distribution by Accel London V Associates L.P. to its members, representing each such member's pro rata interest in such Accel London V Shares. All of the aforementioned distributions were made in accordance with the exemptions afforded by Rules 16a-13 and 16a-9 of the Securities Exchange Act of 1934, as amended.

Footnote F9

These shares are held by Accel London V L.P. Accel London V Associates L.P. is the general partner of Accel London V L.P. and has sole voting and dispositive power with regard to the shares held by Accel London V L.P. Accel London V Associates L.L.C. is the general partner of Accel London V Associates L.P. and Accel London Investors 2016 L.P (together with Accel London V L.P., the "Accel London V Entities"). Accel London V Associates L.P. has sole voting and dispositive power with regard to the shares held by the Accel London V Entities. Each of Accel London V Associates L.P. and Accel London V Associates L.L.C. disclaims Section 16 beneficial ownership over the securities reported herein except to the extent of its pecuniary interest therein, if any, and this report shall not be deemed an admission that either such reporting person is the beneficial owner of such securities for Section 16 or any other purpose.

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