AI assistant
UiPath, Inc. — Director's Dealing 2021
Apr 21, 2021
30851_dirs_2021-04-20_30fed508-c7dc-4efb-88f5-9907366f3596.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: UiPath, Inc. (PATH)
CIK: 0001734722
Period of Report: 2021-04-20
Reporting Person: Kummert Ted (EVP, Product & Engineering)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class A Common Stock | 838590 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Option (Right to Buy) | $5.06 | 2030-07-19 | Class A Common Stock (838590) | Direct |
Footnotes
F1: Includes 838,590 Restricted Stock Units (RSUs). Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement. 25% of the shares underlying the RSU vested on March 9, 2021, with the remaining shares vesting in equal quarterly installments over
the next three years, 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 initial public offering.
F2: 25% of the shares subject to the option vested on March 9, 2021, with the remaining shares vesting in equal monthly installments over the next three years, subject to Reporting Person's continuous service through each such vesting date. The option expires ten years after the date of grant.