UiPath, Inc. — Director's Dealing 2021

Apr 23, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: UiPath, Inc. (PATH)
CIK: 0001734722
Period of Report: 2021-04-23

Reporting Person: Sturdy Laela (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-04-23	Class A Common Stock	C	10004580	—	Acquired	10004580	Indirect
2021-04-23	Class A Common Stock	C	2967450	—	Acquired	12972030	Indirect
2021-04-23	Class A Common Stock	C	2178705	—	Acquired	15150735	Indirect
2021-04-23	Class A Common Stock	C	1740180	—	Acquired	16890915	Indirect
2021-04-23	Class A Common Stock	S	1527673	$56.00	Disposed	15363242	Indirect
2021-04-23	Class A Common Stock	C	6536115	—	Acquired	6536115	Indirect
2021-04-23	Class A Common Stock	C	5220537	—	Acquired	11756652	Indirect
2021-04-23	Class A Common Stock	C	1631871	—	Acquired	13388523	Indirect
2021-04-23	Class A Common Stock	C	274020	—	Acquired	13662543	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-04-23	Series B-1 Preferred Stock	$	C	10004580	Disposed		Class A Common Stock (10004580)	Indirect
2021-04-23	Series B-2 Preferred Stock	$	C	2967450	Disposed		Class A Common Stock (2967450)	Indirect
2021-04-23	Series C-1 Preferred Stock	$	C	2178705	Disposed		Class A Common Stock (2178705)	Indirect
2021-04-23	Series C-1 Preferred Stock	$	C	6536115	Disposed		Class A Common Stock (6536115)	Indirect
2021-04-23	Series C-2 Preferred Stock	$	C	1740180	Disposed		Class A Common Stock (1740180)	Indirect
2021-04-23	Series C-2 Preferred Stock	$	C	5220537	Disposed		Class A Common Stock (5220537)	Indirect
2021-04-23	Series D-1 Preferred Stock	$	C	1631871	Disposed		Class A Common Stock (1631871)	Indirect
2021-04-23	Series D-2 Preferred Stock	$	C	274020	Disposed		Class A Common Stock (274020)	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	16057	Direct

Footnotes

F1: Each share of Series B-1 Preferred Stock, Series B-2 Preferred Stock, Series C-1 Preferred Stock, Series C-2 Preferred Stock, Series D-1 Preferred Stock and Series D-2 Preferred Stock automatically converted into one share of Class A Common Stock, without payment of additional consideration, immediately prior to the closing of the Issuer's initial public offering (IPO).

F2: CapitalG GP LLC, is the general partner of CapitalG LP. Alphabet Holdings LLC, the managing member of CapitalG GP LLC, XXVI Holdings
Inc., the managing member of Alphabet Holdings LLC, and Alphabet Inc., the controlling stockholder of XXVI Holdings Inc., each may be
deemed to share voting and investment power over the shares held by CapitalG LP. The Reporting Person is a general partner of CapitalG LP
and may be deemed to share voting and investment power over the shares. The Reporting Person disclaims beneficial ownership of the shares held by CapitalG LP except to the extent of her pecuniary interest in such shares.

F3: CapitalG II GP LLC, is the general partner of CapitalG II LP. Alphabet Holdings LLC, the managing member of CapitalG II GP LLC, XXVI
Holdings Inc., the managing member of Alphabet Holdings LLC, and Alphabet Inc., the controlling stockholder of XXVI Holdings Inc., each may
be deemed to share voting and investment power over the shares held by CapitalG II LP. The Reporting Person is a general partner of CapitalG
II LP and may be deemed to share voting and investment power over the shares. The Reporting Person disclaims beneficial ownership of the shares held by CapitalG II LP except to the extent of her pecuniary interest in such shares.

F4: Consists of 16,057 Restricted Stock Units (RSUs). Each RSU represents a contingent right to receive one share of the Issuer's Class A Common
Stock upon settlement. Following the closing of the IPO, 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.