Kimberly Hammonds - 16 Jun 2022 Form 4 Insider Report for UiPath, Inc. (PATH)

Role
Director
Signature
/s/ Brad Brubaker, Attorney-in-Fact
Issuer symbol
PATH
Transactions as of
16 Jun 2022
Net transactions value
-$47,143
Form type
4
Filing time
21 Jun 2022, 21:40:07 UTC
Previous filing
26 May 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PATH Class A Common Stock Award $0 +10,351 +11% $0.000000 103,183 16 Jun 2022 Direct F1, F2
transaction PATH Class A Common Stock Gift $0 -17,186 -17% $0.000000 85,997 16 Jun 2022 by affiliate trust F3
transaction PATH Class A Common Stock Sale $47,143 -2,521 -2.4% $18.70 100,662 21 Jun 2022 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This grant was made pursuant to the issuer's non-employee director compensation policy.
F2 Includes 10,351 Restricted Stock Units (RSUs). Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement. Each Annual Director RSU vests on the earlier of the date of the following year's annual meeting (or the date immediately prior to the next annual meeting, if the non-employee director's service as a director ends at such meeting due to the director's failure to be re-elected or the director not standing for re-election); or the first anniversary of the date of grant, in each case subject to the director's continued service through such vesting date.
F3 These shares were gifted to a trust for the benefit of the reporting person's child. The reporting person's spouse is trustee of the trust. The reporting person disclaims beneficial ownership of these securities and the filing of this report is not an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
F4 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.