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UiPath, Inc. — Director's Dealing 2025
Mar 17, 2025
30851_dirs_2025-03-17_ce93e5ff-9858-4ade-a5d0-299941566518.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: UiPath, Inc. (PATH)
CIK: 0001734722
Period of Report: 2025-03-13
Reporting Person: Dines Daniel (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-03-13 | Class A Common Stock | C | 5000000.00 | — | Acquired | 6853255.00 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2025-03-13 | Class B Common Stock | $ | C | 5000000.00 | Disposed | Class A Common Stock (5000000.00) | Indirect |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class A Common Stock | 24918585.00 | Direct |
| Class A Common Stock | 240000.00 | Indirect |
Footnotes
F1: On March 13, 2025, 5,000,000 shares of Class B Common Stock held by Ice Vulcan Holding Limited, an entity controlled by Daniel Dines, CEO, Founder, and Chairman of the Issuer, were converted to 5,000,000 shares of Class A Common Stock in connection with Ice Vulcan Holding Limited's adoption, on December 20, 2024, of a trading plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) under the Securities Exchange Act of 1934, as amended.
F2: Each share of Class B Common Stock is convertible at any time at the option of the holder into one share of Class A Common Stock of the Issuer and has no expiration date.
F3: The shares are held by Ice Vulcan Holding Limited. IceVulcan Investments Ltd. is the sole shareholder of Ice Vulcan Holding Limited, and Mr. Dines is the sole shareholder of IceVulcan Investments Ltd. Mr. Dines retains sole voting and investment power with respect to the shares of Class A Common Stock and Class B Common Stock held by Ice Vulcan Holding Limited.