Form: 4

Statement of changes in beneficial ownership of securities

April 23, 2021

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 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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(Print or Type Responses)
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 (Month/Day/Year)
04/23/2021
(Street)

PALO ALTO, CA 94301
4. If Amendment, Date Original Filed(Month/Day/Year)
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 (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 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   161,979 A (1) 161,979 I By Accel Growth Fund IV Strategic Partners L.P. (2)
Class A Common Stock 04/23/2021   S   10,046 D $ 56 151,933 I By Accel Growth Fund IV Strategic Partners L.P. (2)
Class A Common Stock 04/23/2021   C   1,361,739 A (1) 1,361,739 I By Accel Growth Fund Investors 2016 L.L.C. (3)
Class A Common Stock 04/23/2021   S   84,457 D $ 56 1,277,282 I By Accel Growth Fund Investors 2016 L.L.C. (3)
Class A Common Stock 04/23/2021   C   6,883,068 A (1) 6,883,068 I By Accel Leaders Fund L.P. (4)
Class A Common Stock 04/23/2021   C   328,862 A (1) 328,862 I By Accel Leaders Fund Investors 2016 L.L.C. (5)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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. SEC 1474 (9-02)

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 (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 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
(Month/Day/Year)
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 B-1 Preferred Stock (1) 04/23/2021   C     117,450   (1)   (1) Class A Common Stock 117,450 $ 0 0 I By Accel Growth Fund IV Strategic Partners L.P. (2)
Series B-2 Preferred Stock (1) 04/23/2021   C     34,830   (1)   (1) Class A Common Stock 34,830 $ 0 0 I By Accel Growth Fund IV Strategic Partners L.P. (2)
Series C-1 Preferred Stock ( (1) 04/23/2021   C     4,707   (1)   (1) Class A Common Stock 4,707 $ 0 0 I By Accel Growth Fund IV Strategic Partners L.P. (2)
Series C-2 Preferred Stock ( (1) 04/23/2021   C     3,759   (1)   (1) Class A Common Stock 3,759 $ 0 0 I By Accel Growth Fund IV Strategic Partners L.P. (2)
Series D-1 Preferred Stock (1) 04/23/2021   C     1,056   (1)   (1) Class A Common Stock 1,056 $ 0 0 I By Accel Growth Fund IV Strategic Partners L.P. (2)
Series D-2 Preferred Stock (1) 04/23/2021   C     177   (1)   (1) Class A Common Stock 177 $ 0 0 I By Accel Growth Fund IV Strategic Partners L.P. (2)
Series B-1 Preferred Stock (1) 04/23/2021   C     987,330   (1)   (1) Class A Common Stock 987,330 $ 0 0 I By Accel Growth Fund Investors 2016 L.L.C. (3)
Series B-2 Preferred Stock (1) 04/23/2021   C     292,860   (1)   (1) Class A Common Stock 292,860 $ 0 0 I By Accel Growth Fund Investors 2016 L.L.C. (3)
Series C-1 Preferred Stock (1) 04/23/2021   C     39,564   (1)   (1) Class A Common Stock 39,564 $ 0 0 I By Accel Growth Fund Investors 2016 L.L.C. (3)
Series C-2 Preferred Stock (1) 04/23/2021   C     31,602   (1)   (1) Class A Common Stock 31,602 $ 0 0 I By Accel Growth Fund Investors 2016 L.L.C. (3)
Series D-1 Preferred Stock (1) 04/23/2021   C     8,889   (1)   (1) Class A Common Stock 8,889 $ 0 0 I By Accel Growth Fund Investors 2016 L.L.C. (3)
Series D-2 Preferred Stock (1) 04/23/2021   C     1,494   (1)   (1) Class A Common Stock 1,494 $ 0 0 I By Accel Growth Fund Investors 2016 L.L.C. (3)
Series C-1 Preferred Stock (1) 04/23/2021   C     3,326,970   (1)   (1) Class A Common Stock 3,326,970 $ 0 0 I By Accel Leaders Fund L.P. (4)
Series C-2 Preferred Stock (1) 04/23/2021   C     2,657,322   (1)   (1) Class A Common Stock 2,657,322 $ 0 0 I By Accel Leaders Fund L.P. (4)
Series D-1 Preferred Stock (1) 04/23/2021   C     747,579   (1)   (1) Class A Common Stock 747,579 $ 0 0 I By Accel Leaders Fund L.P. (4)
Series D-2 Preferred Stock (1) 04/23/2021   C     125,532   (1)   (1) Class A Common Stock 125,532 $ 0 0 I By Accel Leaders Fund L.P. (4)
Series E Preferred Stock (1) 04/23/2021   C     25,665   (1)   (1) Class A Common Stock 25,665 $ 0 0 I By Accel Leaders Fund L.P. (4)
Series C-1 Preferred Stock (1) 04/23/2021   C     158,958   (1)   (1) Class A Common Stock 158,958 $ 0 0 I By Accel Leaders Fund Investors 2016 L.L.C. (5)
Series C-2 Preferred Stock (1) 04/23/2021   C     126,963   (1)   (1) Class A Common Stock 126,963 $ 0 0 I By Accel Leaders Fund Investors 2016 L.L.C. (5)
Series D-1 Preferred Stock (1) 04/23/2021   C     35,718   (1)   (1) Class A Common Stock 35,718 $ 0 0 I By Accel Leaders Fund Investors 2016 L.L.C. (5)
Series D-2 Preferred Stock (1) 04/23/2021   C     5,997   (1)   (1) Class A Common Stock 5,997 $ 0 0 I By Accel Leaders Fund Investors 2016 L.L.C. (5)
Series E Preferred Stock (1) 04/23/2021   C     1,226   (1)   (1) Class A Common Stock 1,226 $ 0 0 I By Accel Leaders Fund Investors 2016 L.L.C. (5)

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
Accel London V L.P.
500 UNIVERSITY AVENUE
PALO ALTO, CA 94301
    X    
Accel Growth Fund IV Strategic Partners L.P.
500 UNIVERSITY AVENUE
PALO ALTO, CA 94301
    X    
Accel Growth Fund IV Associates L.L.C.
500 UNIVERSITY AVENUE
PALO ALTO, CA 94301
    X    
Accel Growth Fund Investors 2016 L.L.C.
500 UNIVERSITY AVENUE
PALO ALTO, CA 94301
    X    
Accel Leaders Fund L.P.
500 UNIVERSITY AVENUE
PALO ALTO, CA 94301
    X    
Accel Leaders Fund Associates L.L.C.
500 UNIVERSITY AVENUE
PALO ALTO, CA 94301
    X    
Accel Leaders Fund Investors 2016 L.L.C.
500 UNIVERSITY AVENUE
PALO ALTO, CA 94301
    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 Growth Fund IV Strategic Partners 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

 /s/ Tracy L. Sedlock, as Attorney-in-Fact, For Accel Growth Fund Investors 2016 L.L.C.   04/23/2021
**Signature of Reporting Person Date

 /s/ Tracy L. Sedlock, as Attorney-in-Fact, For Accel Leaders Fund L.P.   04/23/2021
**Signature of Reporting Person Date

 /s/ Tracy L. Sedlock, as Attorney-in-Fact, For Accel Leaders Fund Associates L.L.C.   04/23/2021
**Signature of Reporting Person Date

 /s/ Tracy L. Sedlock, as Attorney-in-Fact, For Accel Leaders Fund Investors 2016 L.L.C.   04/23/2021
**Signature of Reporting Person Date

Explanation of Responses:

* 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).
(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 Preferred Stock 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) 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 disclaim beneficial ownership except to the extent of their pecuniary interest therein.
(3) Andrew G. Braccia, Sameer K. Gandhi, Ping Li, Tracy L. Sedlock, Ryan J. Sweeney, and Richard P. Wong are the Managing Members of Accel Growth Fund Investors 2016 L.L.C. and share the voting and investment powers. Such managers disclaim beneficial ownership except to the extent of their pecuniary interest therein
(4) Accel Leaders Fund Associates L.L.C., or ALFA, is the General Partner of Accel Leaders Fund 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 ALFA and share such powers. Such managers disclaim beneficial ownership except to the extent of their pecuniary interest therein.
(5) Andrew G. Braccia, Sameer K. Gandhi, Ping Li, Tracy L. Sedlock, Ryan J. Sweeney, and Richard P. Wong are the Managing Members of Accel Leaders Fund Investors 2016 L.L.C. and share voting and investment powers. Such managers disclaim beneficial ownership except to the extent of their pecuniary interest therein.
 
Remarks:
This Form 4 is the second 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.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.