UiPath, Inc. — Director's Dealing 2021

Apr 21, 2021

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: UiPath, Inc. (PATH)
CIK: 0001734722
Period of Report: 2021-04-20

Reporting Person: Sturdy Laela (Director)

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	16057	Direct

Holdings (Derivative)

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

Footnotes

F1: 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 Issuer's initial public offering (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, and in each case subject to a performance based vesting condition satisfied upon the closing of the Issuer's IPO.

F2: 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 will automatically convert into one share of Class A Common Stock immediately prior to the closing of the Issuer's IPO, and has no expiration date.

F3: 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.

F4: 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.