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 *
Digital East Fund 2013 SCA SICAR
  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)
7, AVENUE GASTON DIDERICH
3. Date of Earliest Transaction (Month/Day/Year)
04/23/2021
(Street)

LUXEMBOURG, N4 L-1420
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   13,718,203 A (1) 13,718,203 D (2)  
Class A Common Stock 04/23/2021   C   28,230,828 A (1) 41,949,031 D (2)  
Class A Common Stock 04/23/2021   S   2,100,400 D $ 56 39,848,631 D (2)  

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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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 A-1 Preferred Stock (1) 04/23/2021   C     13,718,203   (1)   (1) Class A Common Stock 13,718,203 $ 0 0 D (2)  
Series A-2 Preferred Stock (1) 04/23/2021   C     28,230,828   (1)   (1) Class A Common Stock 28,230,828 $ 0 0 D (2)  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
Digital East Fund 2013 SCA SICAR
7, AVENUE GASTON DIDERICH
LUXEMBOURG, N4 L-1420
    X    
Earlybird Management SA
7, AVENUE GASTON DIDERICH
LUXEMBOURG, N4 L-1420
    X    

Signatures

 /s/ Roland Manger, as Director of Digital East Fund 2013 SCA SICAR   04/23/2021
**Signature of Reporting Person Date

 /s/ Roland Manger, as Director of Earlybird Management S.A.   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 and Series A-2 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) Earlybird Management S.A., the general partner of the Reporting Person, and RSM Fund Management Luxembourg S.A., the Alternative Investment Fund Manager of the Reporting Person, may be deemed to share voting and investment power over the shares held by the Reporting Person.

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