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: Botteri Philippe (Director, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-04-23	Class A Common Stock	C	62132346	—	Acquired	62132346	Indirect
2021-04-23	Class A Common Stock	S	3106618	$56.00	Disposed	59025728	Indirect
2021-04-23	Class A Common Stock	C	946418	—	Acquired	946418	Indirect
2021-04-23	Class A Common Stock	S	47321	$56.00	Disposed	899097	Indirect
2021-04-23	Class A Common Stock	C	6003207	—	Acquired	6003207	Indirect
2021-04-23	Class A Common Stock	S	300161	$56.00	Disposed	5703046	Indirect
2021-04-23	Class A Common Stock	C	28470054	—	Acquired	28470054	Indirect
2021-04-23	Class A Common Stock	S	1765783	$56.00	Disposed	26704271	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-04-23	Series A-1 Preferred Stock	$	C	58774710	Disposed		Class A Common Stock (58774710)	Indirect
2021-04-23	Series B-1 Preferred Stock	$	C	2570880	Disposed		Class A Common Stock (2570880)	Indirect
2021-04-23	Series B-2 Preferred Stock	$	C	762570	Disposed		Class A Common Stock (762570)	Indirect
2021-04-23	Series E Preferred Stock	$	C	24186	Disposed		Class A Common Stock (24186)	Indirect
2021-04-23	Series A-1 Preferred Stock	$	C	895290	Disposed		Class A Common Stock (895290)	Indirect
2021-04-23	Series B-1 Preferred Stock	$	C	39150	Disposed		Class A Common Stock (39150)	Indirect
2021-04-23	Series B-2 Preferred Stock	$	C	11610	Disposed		Class A Common Stock (11610)	Indirect
2021-04-23	Series E Preferred Stock	$	C	368	Disposed		Class A Common Stock (368)	Indirect
2021-04-23	Series A-1 Preferred Stock	$	C	5678790	Disposed		Class A Common Stock (5678790)	Indirect
2021-04-23	Series B-1 Preferred Stock	$	C	248400	Disposed		Class A Common Stock (248400)	Indirect
2021-04-23	Series B-2 Preferred Stock (	$	C	73680	Disposed		Class A Common Stock (73680)	Indirect
2021-04-23	Series E Preferred Stock	$	C	2337	Disposed		Class A Common Stock (2337)	Indirect
2021-04-23	Series B-1 Preferred Stock	$	C	20642310	Disposed		Class A Common Stock (20642310)	Indirect
2021-04-23	Series B-2 Preferred Stock	$	C	6122730	Disposed		Class Class A Common Stock (6122730)	Indirect
2021-04-23	Series C-1 Preferred Stock	$	C	827211	Disposed		Class A Common Stock (827211)	Indirect
2021-04-23	Series C-2 Preferred Stock	$	C	660711	Disposed		Class A Common Stock (660711)	Indirect
2021-04-23	Series D-1 Preferred Stock	$	C	185880	Disposed		Class A Common Stock (185880)	Indirect
2021-04-23	Series D-2 Preferred Stock	$	C	31212	Disposed		Class A Common Stock (31212)	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	16057	Direct

Footnotes

F1: Each share of Series A-1 Preferred Stock, 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, Series D-2 Preferred Stock, Series E 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.

F2: These shares are held by Accel London V L.P. Accel London V Associates L.L.C., or ALA L.L.C., is the General Partner of Accel London V Associates L.P., which is the general partner of each of Accel London V L.P., and Accel London V Strategic Partners L.P. ALA L.L.C. has sole voting and investment power.
Philippe Botteri, Hendrik Nelis, and Sonali de Rycker are the managers of ALA L.L.C. and share such powers. Such managers and the Reporting Person disclaim beneficial ownership except to the extent of their pecuniary interest
therein.

F3: ALA L.L.C. is the General Partner of Accel London Investors 2016 L.P. and has sole voting and
investment power. Philippe Botteri, Hendrik Nelis, and Sonali de Rycker are the managers of ALA L.L.C.
and share such powers. Such managers and the Reporting Person disclaim beneficial ownership except to the extent of their
pecuniary interest therein.

F4: Accel Growth Fund IV Associates L.L.C., or AGF4A, is the General Partner of both Accel Growth Fund IV L.P. and Accel Growth Fund IV Strategic Partners L.P., and has sole voting and investment power. Andrew G. Braccia, Sameer K. Gandhi, Ping Li, Tracy L. Sedlock, Ryan J. Sweeney, and Richard P. Wong are the Managing Members of AGF4A and share such powers. Such managers and the Reporting Person disclaim beneficial ownership except to the extent of their pecuniary interest therein.

F5: 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.