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UiPath, Inc. — Director's Dealing 2021
Apr 21, 2021
30851_dirs_2021-04-20_7a12f95a-2e4a-4430-bfb6-20d22c78033b.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: UiPath, Inc. (PATH)
CIK: 0001734722
Period of Report: 2021-04-20
Reporting Person: Brubaker Brad (GC & Chief Legal Officer)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class A Common Stock | 221977 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Option (Right to Buy) | $3.3833 | 2030-04-29 | Class A Common Stock (60987) | Direct | |
| Stock Option (Right to Buy) | $5.06 | 2030-07-19 | Class A Common Stock (326918) | Direct |
Footnotes
F1: Includes 121,977 Restricted Stock Units (RSUs). Each RSU represents a contingent right to receive one share of the Issuer's Class A Common
Stock upon settlement. Of the RSUs (i) 106,731 RSUs vest at a rate of 25% of the shares on April 15, 2020, with the remaining shares vesting in
equal quarterly installments over the next three years and (ii) 15,246 RSUs vest at a rate of 25% of the shares on April 15, 2021, with the
remaining shares vesting in equal quarterly installments over the next three years, in each case 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 underlying this stock option vested on April 15, 2021 with the remaining 75% vesting in 36 equal monthly installments thereafter, subject to continuous service through each such vesting date.
F3: 25% of the shares underlying this stock option vested on April 15, 2020, with the remaining 75% vesting in 36 equal monthly installments thereafter, subject to continuous service through each such vesting date.