3: Initial statement of beneficial ownership of securities
Published on April 20, 2021
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | SEC 1473 (7-02) | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. |
1. Title of Derivative Security (Instr. 4) |
2. Date Exercisable and Expiration Date (Month/Day/Year) |
3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) |
4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) |
6. Nature of Indirect Beneficial Ownership (Instr. 5) |
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Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Stock Option (Right to Buy) | (2) | 04/29/2030 | Class A Common Stock | 60,987 | $ 3.3833 | D | |
Stock Option (Right to Buy) | (3) | 07/19/2030 | Class A Common Stock | 326,918 | $ 5.06 | D |
Reporting Owners
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Brubaker Brad C/O UIPATH, INC., 90 PARK AVE, 20TH FL NEW YORK, NY 10016 |
GC & Chief Legal Officer |
Signatures
/s/ Brad Brubaker | 04/20/2021 | |
**Signature of Reporting Person | Date |
Explanation of Responses:
* | If the form is filed by more than one reporting person, see Instruction 5(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). |
(1) | 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. |
(2) | 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. |
(3) | 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. |
Remarks: Exhibit 24 - Power of Attorney |