Sec Form 4 Filing - Botteri Philippe @ 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 Botteri Philippe 2. Issuer Name and Ticker or Trading Symbol UiPath, Inc. [ PATH] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X __ Director X __ 10% Owner _____ Officer (give title below) _____ Other (specify below) (Last) (First) (Middle) C/O UIPATH, INC., 90 PARK AVE, 20TH FL 3. Date of Earliest Transaction (MM/DD/YY) 04/23/2021 (Street) NEW YORK, NY10016 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) __ X __ Form filed by One Reporting Person _____ 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 I By Accel London V L.P. ( 2 ) Class A Common Stock 04/23/2021 S 3,106,618 D $ 56 59,025,728 ( 1 ) I By Accel London V L.P. ( 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 ) Class A Common Stock 16,057 D ( 5 )

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 I By Accel London V L.P. ( 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 I By Accel London V L.P. ( 2 ) Series B-2 Preferred Stock ( 1 ) 04/23/2021 C 762,570 ( 1 ) ( 1 ) Class A Common Stock 762,570 $ 0 0 I By Accel London V L.P. ( 2 ) Series E Preferred Stock ( 1 ) 04/23/2021 C 24,186 ( 1 ) ( 1 ) Class A Common Stock 24,186 $ 0 0 I By Accel London V L.P. ( 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 Botteri Philippe C/O UIPATH, INC., 90 PARK AVE, 20TH FL NEW YORK, NY10016 X X Signatures /s/ Brad Brubaker, Attorney-in-Fact 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 the General Partner of Accel London V Associates L.P., which is the general partner of each of Accel London V 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 such powers. Such managers and the Reporting Person 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 and the Reporting Person 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 IV L.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 and the Reporting Person disclaim beneficial ownership except to the extent of their pecuniary interest therein. ( 5 )Consists of 16,057 Restricted Stock Units (RSUs). Each RSU represents a contingent right to receive one share of the Issuer's Class A CommonStock upon settlement. Following the closing of the IPO, 1/16th of the RSUs vest for each quarter of continuous service by the Reporting Person to theIssuer following March 16, 2021 and subject to continuous service through each such vesting date.

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 Reporting Person, a director of the Issuer and his indirect relationship to 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 the Reporting Person.

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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