Sec Form 4 Filing - Accel London V L.P. @ UiPath, Inc. - 2021-04-23

FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person Accel London V L.P. 2. Issuer Name and Ticker or Trading Symbol UiPath, Inc. [ PATH] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director X __ 10% Owner _____ Officer (give title below) _____ Other (specify below) (Last) (First) (Middle) 500 UNIVERSITY AVENUE 3. Date of Earliest Transaction (MM/DD/YY) 04/23/2021 (Street) PALO ALTO, CA94301 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) _____ Form filed by One Reporting Person __ X __ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Class A Common Stock 04/23/2021 C 62,132,346 A 62,132,346 D ( 2 ) Class A Common Stock 04/23/2021 S 3,106,618 D $ 56 59,025,728 D ( 2 ) Class A Common Stock 04/23/2021 C 946,418 A 946,418 I By Accel London V Strategic Partners L.P. ( 2 ) Class A Common Stock 04/23/2021 S 47,321 D $ 56 899,097 I By Accel London V Strategic Partners L.P. ( 2 ) Class A Common Stock 04/23/2021 C 6,003,207 A 6,003,207 I By Accel London Investors 2016 L.P. ( 3 ) Class A Common Stock 04/23/2021 S 300,161 D $ 56 5,703,046 I By Accel London Investors 2016 L.P. ( 3 ) Class A Common Stock 04/23/2021 C 28,470,054 A 28,470,054 I By Accel Growth Fund IV L.P. ( 4 ) Class A Common Stock 04/23/2021 S 1,765,783 D $ 56 26,704,271 I By Accel Growth Fund IV L.P. ( 4 )

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) 6. Date Exercisable and Expiration Date (MM/DD/YY) 7. Title and Amount of Underlying Securities (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares Series A-1 Preferred Stock ( 1 ) 04/23/2021 C 58,774,710 ( 1 ) ( 1 ) Class A Common Stock 58,774,710 $ 0 0 D ( 2 ) Series B-1 Preferred Stock ( 1 ) 04/23/2021 C 2,570,880 ( 1 ) ( 1 ) Class A Common Stock 2,570,880 $ 0 0 D ( 2 ) Series B-2 Preferred Stock ( 1 ) 04/23/2021 C 762,570 ( 1 ) ( 1 ) Class A Common Stock 762,570 $ 0 0 D ( 2 ) Series E Preferred Stock ( 1 ) 04/23/2021 C 24,186 ( 1 ) ( 1 ) Class A Common Stock 24,186 $ 0 0 D ( 2 ) Series A-1 Preferred Stock ( 1 ) 04/23/2021 C 895,290 ( 1 ) ( 1 ) Class A Common Stock 895,290 $ 0 0 I By Accel London V Strategic Partners L.P. ( 2 ) Series B-1 Preferred Stock ( 1 ) 04/23/2021 C 39,150 ( 1 ) ( 1 ) Class A Common Stock 39,150 $ 0 0 I By Accel London V Strategic Partners L.P. ( 2 ) Series B-2 Preferred Stock ( 1 ) 04/23/2021 C 11,610 ( 1 ) ( 1 ) Class A Common Stock 11,610 $ 0 0 I By Accel London V Strategic Partners L.P. ( 2 ) Series E Preferred Stock ( 1 ) 04/23/2021 C 368 ( 1 ) ( 1 ) Class A Common Stock 368 $ 0 0 I By Accel London V Strategic Partners L.P. ( 2 ) Series A-1 Preferred Stock ( 1 ) 04/23/2021 C 5,678,790 ( 1 ) ( 1 ) Class A Common Stock 5,678,790 $ 0 0 I By Accel London Investors 2016 L.P. ( 3 ) Series B-1 Preferred Stock ( 1 ) 04/23/2021 C 248,400 ( 1 ) ( 1 ) Class A Common Stock 248,400 $ 0 0 I By Accel London Investors 2016 L.P. ( 3 ) Series B-2 Preferred Stock ( ( 1 ) 04/23/2021 C 73,680 ( 1 ) ( 1 ) Class A Common Stock 73,680 $ 0 0 I By Accel London Investors 2016 L.P. ( 3 ) Series E Preferred Stock ( 1 ) 04/23/2021 C 2,337 ( 1 ) ( 1 ) Class A Common Stock 2,337 $ 0 0 I By Accel London Investors 2016 L.P. ( 3 ) Series B-1 Preferred Stock ( 1 ) 04/23/2021 C 20,642,310 ( 1 ) ( 1 ) Class A Common Stock 20,642,310 $ 0 0 I By Accel Growth Fund IV L.P. ( 4 ) Series B-2 Preferred Stock ( 1 ) 04/23/2021 C 6,122,730 ( 1 ) ( 1 ) Class Class A Common Stock 6,122,730 $ 0 0 I By Accel Growth Fund IV L.P. ( 4 ) Series C-1 Preferred Stock ( 1 ) 04/23/2021 C 827,211 ( 1 ) ( 1 ) Class A Common Stock 827,211 $ 0 0 I By Accel Growth Fund IV L.P. ( 4 ) Series C-2 Preferred Stock ( 1 ) 04/23/2021 C 660,711 ( 1 ) ( 1 ) Class A Common Stock 660,711 $ 0 0 I By Accel Growth Fund IV L.P. ( 4 ) Series D-1 Preferred Stock ( 1 ) 04/23/2021 C 185,880 ( 1 ) ( 1 ) Class A Common Stock 185,880 $ 0 0 I By Accel Growth Fund IV L.P. ( 4 ) Series D-2 Preferred Stock ( 1 ) 04/23/2021 C 31,212 ( 1 ) ( 1 ) Class A Common Stock 31,212 $ 0 0 I By Accel Growth Fund IV L.P. ( 4 )

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other Accel London V L.P. 500 UNIVERSITY AVENUE PALO ALTO, CA94301 X Accel London V Strategic Partners L.P. 500 UNIVERSITY AVENUE PALO ALTO, CA94301 X Accel London Investors 2016 L.P. 500 UNIVERSITY AVENUE PALO ALTO, CA94301 X Accel London V Associates L.P. 500 UNIVERSITY AVENUE PALO ALTO, CA94301 X Accel London V Associates L.L.C. 500 UNIVERSITY AVENUE PALO ALTO, CA94301 X Accel Growth Fund IV L.P. 500 UNIVERSITY AVENUE PALO ALTO, CA94301 X Accel Growth Fund IV Associates L.L.C. 500 UNIVERSITY AVENUE PALO ALTO, CA94301 X Signatures /s/ Tracy L. Sedlock, as Attorney-in-Fact, For Accel London V L.P. 04/23/2021 Signature of Reporting Person Date /s/ Tracy L. Sedlock, as Attorney-in-Fact, For Accel London V Strategic Partners L.P. 04/23/2021 Signature of Reporting Person Date /s/ Tracy L. Sedlock, as Attorney-in-Fact, For Accel London Investors 2016 L.P. 04/23/2021 Signature of Reporting Person Date /s/ Tracy L. Sedlock, as Attorney-in-Fact, For Accel London V Associates L.P. 04/23/2021 Signature of Reporting Person Date /s/ Tracy L. Sedlock, as Attorney-in-Fact, For Accel London V Associates L.L.C. 04/23/2021 Signature of Reporting Person Date /s/ Tracy L. Sedlock, as Attorney-in-Fact, For Accel Growth Fund IV L.P. 04/23/2021 Signature of Reporting Person Date /s/ Tracy L. Sedlock, as Attorney-in-Fact, For Accel Growth Fund IV Associates L.L.C. 04/23/2021 Signature of Reporting Person Date

Explanation of Responses:

( 1 )Each share of Series A-1 Preferred Stock, 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, Series D-2 Preferred Stock, Series E PreferredStock automatically converted into one share of Class A Common Stock, without payment of additional consideration, immediately prior to the closing of the Issuer's initial public offering. ( 2 )These shares are held by Accel London V L.P. Accel London V Associates L.L.C., or ALA L.L.C., is theGeneral Partner of Accel London V Associates L.P., which is the general partner of each of Accel LondonV L.P., and Accel London V Strategic Partners L.P. ALA L.L.C. has sole voting and investment power.Philippe Botteri, Hendrik Nelis, and Sonali de Rycker are the managers of ALA L.L.C. and share suchpowers. Such managers disclaim beneficial ownership except to the extent of their pecuniary interesttherein. ( 3 )ALA L.L.C. is the General Partner of Accel London Investors 2016 L.P. and has sole voting andinvestment power. Philippe Botteri, Hendrik Nelis, and Sonali de Rycker are the managers of ALA L.L.C.and share such powers. Such managers disclaim beneficial ownership except to the extent of theirpecuniary interest therein ( 4 )Accel Growth Fund IV Associates L.L.C., or AGF4A, is the General Partner of both Accel Growth Fund IVL.P. and Accel Growth Fund IV Strategic Partners L.P., and has sole voting and investment power.Andrew G. Braccia, Sameer K. Gandhi, Ping Li, Tracy L. Sedlock, Ryan J. Sweeney, and Richard P.Wong are the Managing Members of AGF4A and share such powers. Such managers disclaim beneficialownership except to the extent of their pecuniary interest therein.

Remarks: This Form 4 is the first of two Form 4s filed relating to the same event. Combined, the two reports report the holdings for the following reporting persons: Accel London V L.P., Accel London V Strategic Partners L.P., Accel London Investors 2016 L.P., Accel London V Associates L.P., Accel London V Associates L.L.C., Accel Leaders Fund L.P., Accel Leaders Fund Associates L.L.C., Accel Leaders Fund Investor 2016 L.L.C., Accel Growth Fund IV, L.P., Accel Growth Fund IV Strategic Partners L.P., Accel Growth Fund IV Associates L.L.C. and Accel Growth Fund Investors 2016 L.L.C. This Form 4 has been split into two filings because there are more than 10 reporting persons in total, and the SEC's EDGAR filing system limits a single Form 4 to a maximum of 10 reporting persons and 30 reportable holdings. Each Form 4 is filed by designated filer Accel London V L.P.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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