Hitesh Ramani - Jan 2, 2025 Form 4 Insider Report for UiPath, Inc. (PATH)

Signature
/s/ Brad Brubaker, Attorney-in-Fact
Stock symbol
PATH
Transactions as of
Jan 2, 2025
Transactions value $
-$798,352
Form type
4
Date filed
1/6/2025, 04:21 PM
Previous filing
Oct 7, 2024
Next filing
Feb 27, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PATH Class A Common Stock Tax liability -$472K -37.2K -11.2% $12.71 294K Jan 2, 2025 Direct F1
transaction PATH Class A Common Stock Sale -$326K -25K -8.49% $13.05 269K Jan 3, 2025 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Represents shares withheld by the Issuer to satisfy a tax obligation realized by the Reporting Person upon the vesting and settlement of restricted stock units (RSUs).
F2 These shares were sold in compliance with a qualified selling plan adopted by the Reporting Person pursuant to Rule 10b5-1 promulgated under the Securities Exchange Act of 1934, as amended.
F3 The range of prices for the transactions reported was from $12.8000 to $13.2650. The Reporting Person will provide, upon request by the Commission staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares purchased or sold at each separate price.