Insider filing report for Changes in Beneficial Ownership
- Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
- Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Schedule 13G
(Rule 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED
PURSUANT TO RULES 13d-1 (b), (c) AND (d)
AND AMENDMENTS THERETO FILED PURSUANT TO 13d-2 (b)
(Amendment No. )*
UiPath, Inc.
(Name of Issuer)
Class A common stock, par value $0.00001 per share
(Title of Class of Securities)
90364P105
(CUSIP Number)
December 31, 2021
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
¨ | Rule 13d-1(b) | |
¨ | Rule 13d-1(c) | |
x | Rule 13d-1(d) |
* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
(Continued on following pages)
Page 1 of 20 Pages
Exhibit Index Contained on Page 19
CUSIP NO. 90364P105 | 13 G | Page 2 of 20 |
1 |
NAME OF REPORTING
Accel Leaders Fund L.P. ("ALF")
| |||
2 |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) ¨ (b) x
| |||
3 | SEC USE ONLY | |||
4 | CITIZENSHIP OR PLACE OF ORGANIZATION Delaware | |||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
5 | SOLE VOTING POWER 6,883,068 shares, all of which are directly owned by ALF. Accel Leaders Fund Associates L.L.C. ("ALFA"), the general partner of ALF, may be deemed to have sole power to vote these shares, and Richard P. Wong ("RPW"), a director of the issuer and a managing member of ALFA, may be deemed to have shared power to vote these shares. | ||
6 | SHARED VOTING POWER See response to row 5. | |||
7 | SOLE DISPOSITIVE POWER 6,883,068 shares, all of which are directly owned by ALF. ALFA, the general partner of ALF, may be deemed to have sole power to dispose of these shares, and RPW, a director of the issuer and a managing member of ALFA, may be deemed to have shared power to dispose of these shares. | |||
8 | SHARED DISPOSITIVE POWER See response to row 7. | |||
9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | 6,883,068 | ||
10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* | ¨ | ||
11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 | 1.6%(1) | ||
12 | TYP E OF REPORTING PERSON* | PN | ||
(1) Based on 442,775,415 shares of Class A Common Stock outstanding as of December 6, 2021, as reported by the issuer in its Quarterly Report on Form 10-Q for the quarter ended September 30, 2021, filed with the Securities and Exchange Commission on December 10, 2021 (the “Form 10-Q”).
CUSIP NO. 90364P105 | 13 G | Page 3 of 20 |
1 |
NAME OF REPORTING
Accel Leaders Fund Associates L.L.C. ("ALFA")
| |||
2 |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) ¨ (b) x
| |||
3 | SEC USE ONLY | |||
4 | CITIZENSHIP OR PLACE OF ORGANIZATION Delaware | |||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
5 | SOLE VOTING POWER 6,883,068 shares, all of which are directly owned by ALF. ALFA, the general partner of ALF, may be deemed to have sole power to vote these shares, and RPW, a director of the issuer and a managing member of ALFA, may be deemed to have shared power to vote these shares. | ||
6 | SHARED VOTING POWER See response to row 5. | |||
7 | SOLE DISPOSITIVE POWER 6,883,068 shares, all of which are directly owned by ALF. ALFA, the general partner of ALF, may be deemed to have sole power to dispose of these shares, and RPW, a director of the issuer and a managing member of ALFA, may be deemed to have shared power to dispose of these shares. | |||
8 | SHARED DISPOSITIVE POWER See response to row 7. | |||
9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | 6,883,068 | ||
10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* | ¨ | ||
11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 | 1.6%(1) | ||
12 | TYPE OF REPORTING PERSON* | OO | ||
(1) Based on 442,775,415 shares of Class A Common Stock outstanding as of December 6, 2021, as reported by the issuer in its Quarterly Report on Form 10-Q for the quarter ended September 30, 2021.
CUSIP NO. 90364P105 | 13 G | Page 4 of 20 |
1 |
NAME OF REPORTING PERSONS
Accel Leaders Fund Investors 2016 L.L.C. (“ALFI16”)
| |||
2 |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ¨ (b) x
| |||
3 | SEC USE ONLY | |||
CITIZENSHIP OR PLACE OF ORGANIZATION Delaware | ||||
NUMBER
OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON |
5 | SOLE VOTING POWER 328,862 shares, all of which are directly owned by ALFI16. RPW, a director of the issuer and a managing member of ALFI16, may be deemed to have shared power to vote these shares. | ||
6 | SHARED VOTING POWER See response to row 5. | |||
WITH | 7 | SOLE DISPOSITIVE POWER 328,862 shares, all of which are directly owned by ALFI16. RPW, a director of the issuer and a managing member of ALFI16, may be deemed to have shared power to dispose of these shares. | ||
8 | SHARED DISPOSITIVE POWER See response to row 7. | |||
9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | 328,862 | ||
10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* | ¨ | ||
11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 | 0.1%(1) | ||
12 | TYPE OF REPORTING PERSON* | OO | ||
(1) Based on 442,775,415 shares of Class A Common Stock outstanding as of December 6, 2021, as reported by the issuer in its Quarterly Report on Form 10-Q for the quarter ended September 30, 2021.
CUSIP NO. 90364P105 | 13 G | Page 5 of 20 |
1 |
NAME OF REPORTING PERSONS
Accel Growth Fund IV L.P. (“AGF4”)
| |||
2 |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ¨ (b) x
| |||
3 | SEC USE ONLY | |||
4 | CITIZENSHIP OR PLACE OF ORGANIZATION Delaware | |||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
5 | SOLE VOTING POWER 13,048,188 shares, all of which are directly owned by AGF4. Accel Growth Fund IV Associates L.L.C. ("AGF4A"), the general partner of AGF4, may be deemed to have sole power to vote these shares, and RPW, a director of the issuer and a managing member of AGF4A, may be deemed to have shared power to vote these shares. | ||
6 | SHARED VOTING POWER See response to row 5. | |||
7 | SOLE DISPOSITIVE POWER 13,048,188 shares, all of which are directly owned by AGF4. AGF4A, the general partner of AGF4, may be deemed to have sole power to dispose of these shares, and RPW, a director of the issuer and a managing member of AGF4A, may be deemed to have shared power to dispose of these shares. | |||
8 | SHARED DISPOSITIVE POWER See response to row 7. | |||
9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | 13,048,188 | ||
10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* | ¨ | ||
11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 | 2.9%(1) | ||
12 | TYPE OF REPORTING PERSON* | PN | ||
(1) (1) Based on 442,775,415 shares of Class A Common Stock outstanding as of December 6, 2021, as reported by the issuer in its Quarterly Report on Form 10-Q for the quarter ended September 30, 2021.
CUSIP NO. 90364P105 | 13 G | Page 6 of 20 |
1 |
NAME OF REPORTING PERSONS
Accel Growth Fund IV Strategic Partners L.P. (“AGF4SP”)
| |||
2 |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ¨ (b) x
| |||
3 | SEC USE ONLY | |||
4 | CITIZENSHIP OR PLACE OF ORGANIZATION Delaware | |||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
5 | SOLE VOTING POWER 74,245 shares, all of which are directly owned by AGF4SP. AGF4A, the general partner of AGF4SP, may be deemed to have sole power to vote these shares, and RPW, a director of the issuer and a managing member of AGF4A, may be deemed to have shared power to vote these shares. | ||
6 | SHARED VOTING POWER See response to row 5. | |||
7 | SOLE DISPOSITIVE POWER 74,245 shares, all of which are directly owned by AGF4SP. AGF4A, the general partner of AGF4SP, may be deemed to have sole power to dispose of these shares, and RPW, a director of the issuer and a managing member of AGF4A, may be deemed to have shared power to dispose of these shares. | |||
8 | SHARED DISPOSITIVE POWER See response to row 7. | |||
9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | 74,245 | ||
10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* | ¨ | ||
11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 | 0.0%(1) | ||
12 | TYPE OF REPORTING PERSON* | PN | ||
(1) Based on 442,775,415 shares of Class A Common Stock outstanding as of December 6, 2021, as reported by the issuer in its Quarterly Report on Form 10-Q for the quarter ended September 30, 2021.
CUSIP NO. 90364P105 | 13 G | Page 7 of 20 |
1 |
NAME OF REPORTING
Accel Growth Fund IV Associates L.L.C. ("AGF4A")
| |||
2 |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) ¨ (b) x
| |||
3 | SEC USE ONLY | |||
4 | CITIZENSHIP OR PLACE OF ORGANIZATION Delaware | |||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
5 | SOLE VOTING POWER 13,122,433 shares, of which 13,048,188 are directly owned by AGF4, and 74,245 are directly owned by AGF4SP. AGF4A, the general partner of AGF4 and AGF4SP, may be deemed to have sole power to vote these shares, and RPW, a director of the issuer and a managing member of AGF4A, may be deemed to have shared power to vote these shares. | ||
6 | SHARED VOTING POWER See response to row 5. | |||
7 | SOLE DISPOSITIVE POWER 13,122,433 shares, of which 13,048,188 are directly owned by AGF4, and 74,245 are directly owned by AGF4SP. AGF4A, the general partner of AGF4 and AGF4SP, may be deemed to have sole power to dispose of these shares, and RPW, a director of the issuer and a managing member of AGF4A, may be deemed to have shared power to dispose of these shares. | |||
8 | SHARED DISPOSITIVE POWER See response to row 7. | |||
9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | 13,122,433 | ||
10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* | ¨ | ||
11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 | 3.0%(1) | ||
12 | TYPE OF REPORTING PERSON* | OO | ||
(1) Based on 442,775,415 shares of Class A Common Stock outstanding as of December 6, 2021, as reported by the issuer in its Quarterly Report on Form 10-Q for the quarter ended September 30, 2021.
CUSIP NO. 90364P105 | 13 G | Page 8 of 20 |
1 |
NAME OF REPORTING PERSONS
Accel Growth Fund Investors 2016 L.L.C. (“AGFI16”)
| |||
2 |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ¨ (b) x
| |||
3 | SEC USE ONLY | |||
4 | CITIZENSHIP OR PLACE OF ORGANIZATION Delaware | |||
NUMBER
OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON |
5 | SOLE
VOTING POWER 624,114 shares, all of which are directly owned by AGFI16. RPW, a director of the issuer and a managing member of AGFI16, may be deemed to have shared power to vote these shares. | ||
6 | SHARED VOTING POWER See response to row 5. | |||
WITH | 7 | SOLE
DISPOSITIVE POWER 624,114 shares, all of which are directly owned by AGFI16. RPW, a director of the issuer and a managing member of AGFI16, may be deemed to have shared power to dispose of these shares. | ||
8 | SHARED DISPOSITIVE POWER See response to row 7. |
|||
9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | 624,114 | ||
10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* | ¨ | ||
11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 | 0.1%(1) | ||
12 | TYPE OF REPORTING PERSON* | OO | ||
(1) Based on 442,775,415 shares of Class A Common Stock outstanding as of December 6, 2021, as reported by the issuer in its Quarterly Report on Form 10-Q for the quarter ended September 30, 2021.
CUSIP NO. 90364P105 | 13 G | Page 9 of 20 |
1 |
NAME OF REPORTING
Accel London V L.P. (“AL5”)
| |||
2 |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) ¨ (b) x
| |||
3 | SEC USE ONLY | |||
4 | CITIZENSHIP OR PLACE OF ORGANIZATION Delaware | |||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
5 | SOLE
VOTING POWER 34,999,995 shares, all of which are directly owned by AL5. Accel London V Associates L.P. (“AL5A LP”), the general partner of AL5, may be deemed to have sole power to vote these shares, and Accel London V Associates L.L.C. (“AL5A”), the general partner of AL5A LP, may be deemed to have sole power to vote these shares. Philippe Botteri (“PB”), a director of the issuer and a managing member of AL5A, may be deemed to have shared power to vote these shares. | ||
6 | SHARED VOTING POWER See response to row 5. | |||
7 | SOLE
DISPOSITIVE POWER 34,999,995 shares, all of which are directly owned by AL5. AL5A LP, the general partner of AL5, may be deemed to have sole power to dispose of these shares, and AL5A, the general partner of AL5A LP, may be deemed to have sole power to dispose of these shares. PB, a director of the issuer and a managing member of AL5A, may be deemed to have shared power to dispose of these shares. | |||
8 | SHARED DISPOSITIVE POWER See response to row 7. | |||
9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | 34,999,995 | ||
10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* | ¨ | ||
11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 | 7.9%(1) | ||
12 | TYPE OF REPORTING PERSON* | PN | ||
(1) Based on 442,775,415 shares of Class A Common Stock outstanding as of December 6, 2021, as reported by the issuer in its Quarterly Report on Form 10-Q for the quarter ended September 30, 2021.
CUSIP NO. 90364P105 | 13 G | < td style="width: 40%; border: black 1pt solid; padding-right: 1pt; padding-left: 1pt; text-align: right">Page 10 of 20
1 |
NAME OF REPORTING
Accel London V Strategic Partners L.P. (“AL5SP”)
| |||
2 |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) ¨ (b) x | |||
3 | SEC USE ONLY | |||
4 | CITIZENSHIP OR PLACE OF ORGANIZATION Delaware | |||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
5 | SOLE VOTING POWER 533,128 shares, all of which are directly owned by AL5SP. AL5A LP, the general partner of AL5SP, may be deemed to have sole power to vote these shares, and AL5A, the general partner of AL5A LP, may be deemed to have sole power to vote these shares. PB, a director of the issuer and a managing member of AL5A, may be deemed to have shared power to vote these shares. | ||
6 | SHARED VOTING POWER See response to row 5. | |||
7 | SOLE DISPOSITIVE POWER 533,128 shares, all of which are directly owned by AL5SP. AL5A LP, the general partner of AL5SP, may be deemed to have sole power to dispose of these shares, and AL5A, the general partner of AL5A LP, may be deemed to have sole power to dispose of these shares. PB, a director of the issuer and a managing member of AL5A, may be deemed to have shared power to dispose of these shares. | |||
8 | SHARED DISPOSITIVE POWER See response to row 7. | |||
9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | 533,128 | ||
10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* | ¨ | ||
11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 | 0.1%(1) | ||
12 | TYPE OF REPORTING PERSON* | PN | ||
(1) Based on 442,775,415 shares of Class A Common Stock outstanding as of December 6, 2021, as reported by the issuer in its Quarterly Report on Form 10-Q for the quarter ended September 30, 2021.
CUSIP NO. 90364P105 | 13 G | Page 11 of 20 |
1 |
NAME OF REPORTING
Accel London V Associates L.P. (“AL5A LP”)
| |||
2 |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) ¨ (b) x | |||
3 | SEC USE ONLY | |||
4 | CITIZENSHIP OR PLACE OF ORGANIZATION Delaware | |||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
5 | SOLE VOTING POWER 35,533,123 shares, of which 34,999,995 are directly owned by AL5, and 533,128 are directly owned by AL5SP. AL5A LP, the general partner of AL5 and AL5SP, may be deemed to have sole power to vote these shares, and AL5A, the general partner of AL5A LP, may be deemed to have sole power to vote these shares. PB, a director of the issuer and a managing member of AL5A, may be deemed to have shared power to vote these shares. | ||
6 | SHARED VOTING POWER See response to row 5. | |||
7 | SOLE DISPOSITIVE POWER 35,533,123 shares, of which 34,999,995 are directly owned by AL5, and 533,128 are directly owned by AL5SP. AL5A LP, the general partner of AL5 and AL5SP, may be deemed to have sole power to dispose of these shares, and AL5A, the general partner of AL5A LP, may be deemed to have sole power to dispose of these shares. PB, a director of the issuer and a managing member of AL5A, may be deemed to have shared power to dispose of these shares. | |||
8 | SHARED DISPOSITIVE POWER See response to row 7. | |||
9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | 35,533,123 | ||
10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* | ¨ | ||
11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 | 8.0%(1) | ||
12 | TYPE OF REPORTING PERSON* | PN | ||
(1) Based on 442,775,415 shares of Class A Common Stock outstanding as of December 6, 2021, as reported by the issuer in its Quarterly Report on Form 10-Q for the quarter ended September 30, 2021.
CUSIP NO. 90364P105 | 13 G | Page 12 of 20 |
1 |
NAME OF REPORTING
Accel London Investors 2016 L.P. (“ALI16”)
| |||
2 |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) ¨ (b) x | |||
3 | SEC USE ONLY | |||
4 | CITIZENSHIP OR PLACE OF ORGANIZATION Delaware | |||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
5 | SOLE VOTING POWER 3,381,687 shares, all of which are directly owned by ALI16. AL5A, the general partner of ALI16, may be deemed to have sole power to vote these shares. PB, a director of the issuer and a managing member of AL5A, may be deemed to have shared power to vote these shares. | ||
6 | SHARED VOTING POWER See response to row 5. | |||
7 | SOLE DISPOSITIVE POWER 3,381,687 shares, all of which are directly owned by ALI16. AL5A, the general partner of ALI16, may be deemed to have sole power to dispose of these shares. PB, a director of the issuer and a managing member of AL5A, may be deemed to have shared power to dispose of these shares. | |||
8 | SHARED DISPOSITIVE POWER See response to row 7. | |||
9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | 3,381,687 | ||
10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* | ¨ | ||
11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 | 0.8%(1) | ||
12 | TYPE OF REPORTING PERSON* | |||
(1) Based on 442,775,415 shares of Class A Common Stock outstanding as of December 6, 2021, as reported by the issuer in its Quarterly Report on Form 10-Q for the quarter ended September 30, 2021.
CUSIP NO. 90364P105 | 13 G | Page 13 of 20 |
1 |
NAME OF REPORTING PERSONS
Accel London V Associates L.L.C. (“AL5A”)
| |||
2 |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ¨ (b) x | |||
3 | SEC USE ONLY | |||
4 | CITIZENSHIP OR PLACE OF ORGANIZATION Delaware | |||
NUMBER OF REPORTING
|
5 | SOLE VOTING POWER 38,914,810 shares, of which 34,999,995 are directly owned by AL5, 533,128 are directly owned by AL5SP, and 3,381,687 are directly owned by ALI16. AL5A LP, the general partner of AL5 and AL5SP, may be deemed to have sole power to vote these shares, and AL5A, the general partner of AL5A LP and ALI16 may be deemed to have sole power to vote these shares. BG, a director of the issuer and a managing member of AL5A, may be deemed to have shared power to vote these shares. | ||
6 | SHARED VOTING POWER See response to row 5. | |||
7 | SOLE DISPOSITIVE POWER 38,914,810 shares, of which 34,999,995 are directly owned by AL5, 533,128 are directly owned by AL5SP, and 3,381,687 are directly owned by ALI16. AL5A LP, the general partner of AL5 and AL5SP, may be deemed to have sole power to dispose of these shares, and AL5A, the general partner of AL5A LP and ALI16 may be deemed to have sole power to dispose of these shares. BG, a director of the issuer and a managing member of AL5A, may be deemed to have shared power to dispose of these shares. | |||
8 | SHARED DISPOSITIVE POWER See response to row 7. | |||
9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | 38,914,810 | ||
10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES | ¨ | ||
11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 | 8.8%(1) | ||
12 | TYPE OF REPORTING PERSON | OO | ||
(1) Based on 442,775,415 shares of Class A Common Stock outstanding as of December 6, 2021, as reported by the issuer in its Quarterly Report on Form 10-Q for the quarter ended September 30, 2021.
CUSIP NO. 90364P105 | 13 G | Page 14 of 20 |
1 |
NAME OF REPORTING
Richard P. Wong ("RPW")
| |||
2 |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) ¨ (b) x | |||
3 | SEC USE ONLY | |||
4 | CITIZENSHIP OR PLACE OF ORGANIZATION United States | |||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
5 | SOLE VOTING POWER 20,958,477 shares, of which 6,883,068 are directly owned by ALF, 328,862 are directly owned by ALFI16, 13,048,188 are directly owned by AGF4, 74,245 are directly owned by AGF4SP, and 624,114 are directly owned by AGFI16. ALFA, the general partner of ALF, may be deemed to have sole power to vote these shares. AGF4A, the general partner of AGF4 and AGF4SP, may be deemed to have sole power to vote these shares. RPW, a director of the issuer and a managing member of ALFA, ALFI16, AGF4A, and AGFI16, may be deemed to have shared power to vote these shares. | ||
6 | SHARED VOTING POWER See response to row 5. | |||
7 | SOLE DISPOSITIVE POWER 20,958,477 shares, of which 6,883,068 are directly owned by ALF, 328,862 are directly owned by ALFI16, 13,048,188 are directly owned by AGF4, 74,245 are directly owned by AGF4SP, and 624,114 are directly owned by AGFI16. ALFA, the general partner of ALF, may be deemed to have sole power to dispose of these shares. AGF4A, the general partner of AGF4 and AGF4SP, may be deemed to have sole power to dispose of these shares. RPW, a director of the issuer and a managing member of ALFA, ALFI16, AGF4A, and AGFI16, may be deemed to have shared power to dispose of these shares. | |||
8 | SHARED DISPOSITIVE POWER See response to row 7. | |||
9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | 20,958,477 | ||
10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* | ¨ | ||
11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 | 4.7%(1) | ||
12 | TYPE OF REPORTING PERSON | IN | ||
(1) Based on 442,775,415 shares of Class A Common Stock outstanding as of December 6, 2021, as reported by the issuer in its Quarterly Report on Form 10-Q for the quarter ended September 30, 2021.
CUSIP NO. 90364P105 | 13 G | Page 15 of 20 |
1 |
NAME OF REPORTING
Philippe Botteri ("PB")
| |||
2 |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) ¨ (b) x | |||
3 | SEC USE ONLY | |||
4 | CITIZENSHIP OR PLACE OF ORGANIZATION United Kingdom | |||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
5 | SOLE VOTING POWER 38,914,810 shares, of which 34,999,995 are directly owned by AL5, 533,128 are directly owned by AL5SP, and 3,381,687 are directly owned by ALI16. AL5A LP, the general partner of AL5 and AL5SP, may be deemed to have sole power to vote these shares. AL5A, the general partner of AL5A LP and ALI16, may be deemed to have sole power to vote these shares. PB, a director of the issuer and a managing member of AL5A, may be deemed to have shared power to vote these shares. | ||
6 | SHARED VOTING POWER See response to row 5. | |||
7 | SOLE DISPOSITIVE POWER 38,914,810 shares, of which 34,999,995 are directly owned by AL5, 533,128 are directly owned by AL5SP, and 3,381,687 are directly owned by ALI16. AL5A LP, the general partner of AL5 and AL5SP, may be deemed to have sole power to dispose of these shares. AL5A, the general partner of AL5A LP and ALI16, may be deemed to have sole power to dispose of these shares. PB, a director of the issuer and a managing member of AL5A, may be deemed to have shared power to dispose of these shares. | |||
8 | SHARED DISPOSITIVE POWER See response to row 7. td> | |||
9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | 38,914,810 | ||
10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* | ¨ | ||
11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 | 8.8%(1) | ||
12 | TYPE OF REPORTING PERSON | IN | ||
(1) Based on 442,775,415 shares of Class A Common Stock outstanding as of December 6, 2021, as reported by the issuer in its Quarterly Report on Form 10-Q for the quarter ended September 30, 2021.
CUSIP NO. 90364P105 | 13 G | Page 16 of 20 |
ITEM 1(A) |
NAME OF ISSUER
UiPath, Inc.
| |
ITEM 1(B). |
ADDRESS OF ISSUER’S PRINCIPAL EXECUTIVE OFFICES New York, New York 10018
| |
ITEM 2(A). |
NAME OF PERSONS FILING This joint Schedule 13G is being filed by Accel Leaders Fund L.P. ("ALF"), Accel Leaders Fund Associates L.L.C. ("ALFA"), Accel Leaders Fund Investors 2016 L.L.C. (“ALFI16”), Accel Growth Fund IV L.P. (“AGF4”), Accel Growth Fund IV Strategic Partners L.P. (“AGF4SP”), Accel Growth Fund IV Associates L.L.C. ("AGF4A"), Accel Growth Fund Investors 2016 L.L.C. (“AGFI16”), Accel London V L.P. (“AL5”), Accel London V Strategic Partners L.P. (“AL5SP”), Accel London V Associates L.P. ("AL5A LP"), Accel London Investors 2016 L.P. (“ALI16”), Accel London V Associates L.L.C. ("AL5A"), Richard P. Wong ("RPW"), and Philippe Botteri ("PB"). The foregoing entities and individuals are collectively referred to as the “Reporting Persons.”
ALFA, the general partner of ALF, may be deemed to have sole power to vote and sole power to dispose of the shares of the issuer directly owned by ALF. AGF4A, the general partner of AGF4 and AGF4SP, may be deemed to have sole power to vote and sole power to dispose of the shares of the issuer directly owned by AGF4 and AGF4SP. RPW, a director of the issuer and a managing member of ALFA, ALFI16, AGF4A, and AGFI16, may be deemed to have shared power to vote and shared power to dispose of these shares. AL5A LP, the general partner of AL5 and AL5SP, may be deemed to have sole power to vote and sole power to dispose of the shares of the issuer directly owned by AL5 and AL5SP. AL5A, the general partner of AL5A LP and ALI16, maybe deemed to have sole power to vote and sole power to dispose of these shares, and PB, a director of the issuer and a managing member of AL5A, may be deemed to have shared power to dispose of these shares.
| |
ITEM 2(B). |
ADDRESS OF PRINCIPAL OFFICE
The address for each of the Reporting Persons is:
Accel Partners 500 University Avenue Palo Alto, CA 94301
| |
ITEM 2(C). |
CITIZENSHIP
ALF, AGF4, AGF4SP, AL5, AL5SP, AL5A LP, and ALI16 are Delaware limited
partnerships. ALFA, ALFI16, AGF4A, AGFI16, and AL5A are Delaware limited liability companies. BG is a United Kingdom Citizen. | |
ITEM 2(D). |
TITLE OF CLASS OF SECURITIES
Class A common stock, par value $0.00001 per share
| |
ITEM 2(E). |
CUSIP NUMBER
90364P105
| |
ITEM 3. | Not Applicable | |
ITEM 4. |
OWNERSHIP
| |||||
(a) |
Amount beneficially owned:
| |||||
(b) |
Percent of Class:
| |||||
(c) |
Number of shares as to which such person has:
| |||||
(i) |
Sole power to vote or to direct the vote:
| |||||
(ii) |
Shared power to vote or to direct the vote:
| |||||
See Row 6 of cover page for each Reporting Person. |
(iii) |
Sole power to dispose or to direct the disposition of:
| |
See Row 7 of cover page for each Reporting Person. |
(iv) |
Shared power to dispose or to direct the disposition of:
| |||
ITEM 5. | OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS Not applicable. | |||
ITEM 6. |
OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON.
| |||
ITEM 7. |
IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED
THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY
| |||
ITEM 8. |
IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP.
| |||
ITEM 9. | NOTICE OF DISSOLUTION OF GROUP. Not Applicable. | |||
ITEM 10. | CERTIFICATION. Not Applicable. | |||
CUSIP NO. 90364P105 | 13 G | Page 18 of 20 |
SIGNATURES
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Date: February 11, 2022
Entities:
Accel Leaders Fund L.P.*
Accel Leaders Fund Associates L.L.C*
Accel Leaders Fund Investors 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.*
Accel Growth Fund Investors 2016 L.L.C.*
Accel London V L.P.*
Accel London V Strategic Partners L.P.*
Accel London V Associates L.P.*
Accel London V Associates L.L.C.*
Accel London Investors 2016 L.P.*
By: | /s/ Tracy L. Sedlock | |
Tracy L. Sedlock, Attorney-in-fact for the above-listed entities |
Individuals:
Richard P. Wong*
Philippe Botteri*
By: | /s/ Tracy L. Sedlock | |
Tracy L. Sedlock, Attorney-in-fact for the above-listed individuals |
* Signed pursuant to a Power of Attorney already on file with the appropriate agencies.
CUSIP NO. 90364P105 | 13 G | Page 19 of 20 |
EXHIBIT INDEX
Found on Sequentially | ||||
Exhibit | Numbered Page | |||
Exhibit A: Agreement of Joint Filing | 20 |
CUSIP NO. 90364P105 | 13 G | Page 20 of 20 |
EXHIBIT A
Agreement of Joint Filing
The Reporting Persons agree that a single Schedule 13G (or any amendment thereto) relating to the Common Stock of UiPath, Inc. shall be filed on behalf of each of the undersigned and that this Agreement shall be filed as an exhibit to such Schedule 13G.
Date: February 11, 2022
Entities:
Accel Leaders Fund L.P.*
Accel Leaders Fund Associates L.L.C*
Accel Leaders Fund Investors 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.*
Accel Growth Fund Investors 2016 L.L.C.*
Accel London V L.P.*
Accel London V Strategic Partners L.P.*
Accel London V Associates L.P.*
Accel London V Associates L.L.C.*
Accel London Investors 2016 L.P.*
By: | /s/ Tracy L. Sedlock | |
Tracy L. Sedlock, Attorney-in-fact for the above-listed entities |
Individuals:
Richard P. Wong*
Philippe Botteri*
By: | /s/ Tracy L. Sedlock | |
Tracy L. Sedlock, Attorney-in-fact for the above-listed individuals |
* Signed pursuant to a Power of Attorney already on file with the appropriate agencies.