0001562180-23-005385.txt : 20230620 0001562180-23-005385.hdr.sgml : 20230620 20230620181011 ACCESSION NUMBER: 0001562180-23-005385 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230615 FILED AS OF DATE: 20230620 DATE AS OF CHANGE: 20230620 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Wong Rich CENTRAL INDEX KEY: 0001536302 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-40348 FILM NUMBER: 231026758 MAIL ADDRESS: STREET 1: 428 UNIVERSITY AVE CITY: PALO ALTO STATE: CA ZIP: 94555 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: UiPath, Inc. CENTRAL INDEX KEY: 0001734722 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 474333187 STATE OF INCORPORATION: DE FISCAL YEAR END: 0131 BUSINESS ADDRESS: STREET 1: ONE VANDERBILT AVENUE STREET 2: 60TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10017 BUSINESS PHONE: (844) 432-0455 MAIL ADDRESS: STREET 1: ONE VANDERBILT AVENUE STREET 2: 60TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10017 4 1 primarydocument.xml PRIMARY DOCUMENT X0407 4 2023-06-15 false 0001734722 UiPath, Inc. PATH 0001536302 Wong Rich C/O UIPATH, INC., ONE VANDERBILT AVENUE 60TH FLOOR NEW YORK NY 10017 true false false false false Class A Common Stock 2023-06-15 4 J false 1661324.00 0.00 D 7408106.00 I Accel Growth Fund IV L.P. Class A Common Stock 2023-06-15 4 J false 9451.00 0.00 D 42158.00 I Accel Growth Fund IV Strategic Partners L.P. Class A Common Stock 2023-06-15 4 J false 79461.00 0.00 D 354351.00 I Accel Growth Fund Investors 2016 L.L.C. Class A Common Stock 2023-06-15 4 J false 2922838.00 0.00 D 25077157.00 I Accel London V L.P. Class A Common Stock 2023-06-15 4 J false 44522.00 0.00 D 381980.00 I Accel London V Strategic Partners L.P. Class A Common Stock 2023-06-15 4 J false 282404.00 0.00 D 2422947.00 I Accel London Investors 2016 L.P. Class A Common Stock 2023-06-15 4 J false 95805.00 0.00 A 979693.00 I By trust Class A commons tock 2023-06-15 4 A false 10995.00 0.00 A 37403.00 D On June 15, 2023, Accel Growth Fund IV L.P. distributed, for no consideration, 1,661,324 shares of Class A common stock of the Issuer (the "Accel Growth IV Shares") to its limited partners and to Accel Growth Fund IV Associates L.L.C., the general partner of Accel Growth Fund IV L.P., representing each such partner's pro rata interest in such Accel Growth IV Shares. On the same date, Accel Growth Fund IV Associates L.L.C. distributed, for no consideration, the Accel Growth IV Shares it received in the distribution by Accel Growth Fund IV L.P. to its members, representing each such member's pro rata interest in such Accel Growth IV Shares. All of the aforementioned distributions were made in accordance with the exemptions afforded by Rules 16a-13 and 16a-9 of the Securities Exchange Act of 1934, as amended. On June 15, 2023, Accel London V Strategic Partners L.P. distributed, for no consideration, 44,522 shares of Class A common stock of the Issuer (the "Accel London V SP Shares") to its limited partners and to Accel London V Associates L.P., the general partner of Accel London V Strategic Partners L.P., representing each such partner's pro rata interest in such Accel London V SP Shares. On the same date, Accel London V Associates L.P. distributed, for no consideration, the Accel London V SP Shares it received in the distribution by Accel London V Strategic Partners L.P. to its members, representing each such member's pro rata interest in such Accel London V SP Shares. All of the aforementioned distributions were made in accordance with the exemptions afforded by Rules 16a-13 and 16a-9 of the Securities Exchange Act of 1934, as amended. These shares are held by Accel London V Strategic Partners L.P. On June 15, 2023, Accel London Investors 2016 L.P. distributed, for no consideration, 282,404 shares of Class A common stock of the Issuer (the "Accel London Investors Shares") to its limited partners and to Accel London V Associates L.L.C., the general partner of Accel London Investors 2016 L.P., representing each such partner's pro rata interest in such Accel London Investors Shares. On that same date, Accel London V Associates L.L.C. distributed, for no consideration, the Accel London Investors Shares it received in the distribution by Accel London Investors 2016 L.P. to its members, representing each such member's pro rata interest in such Accel London Investors Shares. All of the aforementioned distributions were made in accordance with the exemptions afforded by Rules 16a-13 and 16a-9 of the Securities Exchange Act of 1934, as amended. These shares are held by Accel London Investors 2016 L.P. Shares reflect 95,805 shares held by The Wong Family 2006 Trust, dated 8/30/2006, and several GST trusts. The Reporting Person disclaims Section 16 beneficial ownership over the securities reported herein except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for Section 16 or any other purpose. This grant was made pursuant to the issuer's non-employee director compensation policy. Includes 10,995 Restricted Stock Units (RSUs). Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement. Each Annual Director RSU vests on the earlier of the date of the following year's annual meeting (or the date immediately prior to the next annual meeting, if the non-employee director's service as a director ends at such meeting due to the director's failure to be re-elected or the director not standing for re-election); or the first anniversary of the date of grant, in each case subject to the director's continued service through such vesting date. These shares are held by Accel Growth Fund IV L.P. Accel Growth Fund IV Associates L.L.C. ("Accel Growth Fund IV GP") is the general partner of each of Accel Growth Fund IV L.P. and Accel Growth Fund IV Strategic Partners L.P. (together, the "Accel Growth Fund IV Entities"). Accel Growth Fund IV GP has sole voting and dispositive power with regard to the shares held by the Accel Growth Fund IV Entities. Accel Growth Fund IV GP disclaims Section 16 beneficial ownership over the securities reported herein except to the extent of its pecuniary interest therein, if any, and this report shall not be deemed an admission that such reporting person is the beneficial owner of such securities for Section 16 or any other purpose. On June 15, 2023, Accel Growth Fund IV Strategic Partners L.P. distributed, for no consideration, 9,451 shares of Class A common stock of the Issuer (the "Accel Growth IV SP Shares") to its limited partners and to Accel Growth Fund IV Associates L.L.C., the general partner of Accel Growth Fund IV Strategic Partners L.P., representing each such partner's pro rata interest in such Accel Growth IV SP Shares. On the same date, Accel Growth Fund IV Associates L.L.C. distributed, for no consideration, the Accel Growth IV SP Shares it received in the distribution by Accel Growth Fund IV Strategic Partners L.P. to its members, representing each such member's pro rata interest in such Accel Growth IV SP Shares. All of the aforementioned distributions were made in accordance with the exemptions afforded by Rules 16a-13 and 16a-9 of the Securities Exchange Act of 1934, as amended. These shares are held by Accel Growth Fund IV Strategic Partners L.P. On June 15, 2023, Accel Growth Fund Investors 2016 L.L.C. distributed, for no consideration, 79,461 shares of Class A common stock of the Issuer to its members, representing each such member's pro rata interest in such shares. The aforementioned distribution was made in accordance with the exemptions afforded by Rules 16a-13 and 16a-9 of the Securities Exchange Act of 1934, as amended. These shares are held by Accel Growth Fund Investors 2016 L.L.C. On June 15, 2023, Accel London V L.P. distributed, for no consideration, 2,922,838 shares of Class A common stock of the Issuer (the "Accel London V Shares") to its limited partners and to Accel London V Associates L.P., the general partner of Accel London V L.P., representing each such partner's pro rata interest in such Accel London V Shares. On the same date, Accel London V Associates L.P. distributed, for no consideration, the Accel London V Shares it received in the distribution by Accel London V L.P. to its limited partners and to Accel London V Associates L.L.C., the general partner of Accel London V Associates L.P., representing each such partner's pro rata interest in such Accel London V Shares. Continued in footnote (8) below. Continued from footnote (7): Also on that same date, Accel London V Associates L.L.C. distributed, for no consideration, the Accel London V Shares it received in the distribution by Accel London V Associates L.P. to its members, representing each such member's pro rata interest in such Accel London V Shares. All of the aforementioned distributions were made in accordance with the exemptions afforded by Rules 16a-13 and 16a-9 of the Securities Exchange Act of 1934, as amended. These shares are held by Accel London V L.P. Accel London V Associates L.P. is the general partner of Accel London V L.P. and has sole voting and dispositive power with regard to the shares held by Accel London V L.P. Accel London V Associates L.L.C. is the general partner of Accel London V Associates L.P. and Accel London Investors 2016 L.P (together with Accel London V L.P., the "Accel London V Entities"). Accel London V Associates L.L.C. has sole voting and dispositive power with regard to the shares held by the Accel London V Entities. Each of Accel London V Associates L.P. and Accel London V Associates L.L.C. disclaims Section 16 beneficial ownership over the securities reported herein except to the extent of its pecuniary interest therein, if any, and this report shall not be deemed an admission that either such reporting person is the beneficial owner of such securities for Section 16 or any other purpose. /s/ Brad Brubaker, as Attorney-in-Fact 2023-06-20