UiPath (PATH) director Philippe Botteri receives 19,175 RSU grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Botteri Philippe reported acquisition or exercise transactions in this Form 4 filing.
UiPath, Inc. director Philippe Botteri received an equity grant of 19,175 Class A shares in the form of Restricted Stock Units (RSUs). The grant was made under UiPath’s non-employee director compensation policy and carries a grant price of $0.00 per share.
Each RSU represents the right to receive one Class A share upon settlement. The Annual Director RSUs vest in full on the earlier of the next year’s annual shareholder meeting (or immediately before that meeting if his board service ends then) or the first anniversary of the grant date, provided he continues serving as a director. Following this award, Botteri directly holds 3,180,064 Class A shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Botteri Philippe
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 19,175 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 3,180,064 shares (Direct, null)
Footnotes (1)
- This grant was made pursuant to the issuer's non-employee director compensation policy. Includes 19,175 Restricted Stock Units (RSUs). Each RSU represents a contingent right to receive one share of 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.
Key Figures
RSU grant size: 19,175 shares
Grant price per share: $0.00 per share
Holdings after transaction: 3,180,064 shares
+1 more
4 metrics
RSU grant size
19,175 shares
Annual Director RSU award
Grant price per share
$0.00 per share
Director RSU compensation grant
Holdings after transaction
3,180,064 shares
Direct Class A Common Stock after grant
Vesting schedule
Earlier of next annual meeting or 1-year anniversary
Annual Director RSU vesting condition, service required
Key Terms
Restricted Stock Units (RSUs), non-employee director compensation policy, Annual Director RSU, Class A Common Stock
4 terms
Restricted Stock Units (RSUs) financial
"Includes 19,175 Restricted Stock Units (RSUs). Each RSU represents a contingent right to receive one share"
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
non-employee director compensation policy financial
"This grant was made pursuant to the issuer's non-employee director compensation policy."
Annual Director RSU financial
"Each Annual Director RSU vests on the earlier of the date of the following year's annual meeting"
Class A Common Stock financial
"Each RSU represents a contingent right to receive one share of Issuer's Class A Common Stock upon settlement."
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
FAQ
What did UiPath (PATH) director Philippe Botteri report in this Form 4?
Philippe Botteri reported receiving 19,175 Restricted Stock Units (RSUs) of UiPath Class A Common Stock. The award was granted at $0.00 per share under the company’s non-employee director compensation policy as part of his board compensation.
What are the vesting terms of Philippe Botteri’s UiPath (PATH) RSU award?
The 19,175 Annual Director RSUs vest on the earlier of next year’s annual shareholder meeting or the first anniversary of the grant date. Vesting is contingent on Botteri’s continued service as a UiPath non-employee director through the applicable vesting date.
Was Philippe Botteri’s UiPath (PATH) RSU award an open-market purchase?
No, the award was not an open-market purchase. It is a grant classified as an acquisition under code A, made pursuant to UiPath’s non-employee director compensation policy, with a grant price of $0.00 per share rather than a market transaction.