UiPath (PATH) COO & CFO granted 306,748 RSUs with tax-share withholding
Rhea-AI Filing Summary
UiPath, Inc. COO & CFO Ashim Gupta reported equity compensation and related tax withholding transactions in Class A Common Stock. He received a grant of 306,748 restricted stock units (RSUs), each representing one share upon settlement, and now directly holds 1,072,508 shares after the award.
To cover tax obligations from the vesting and settlement of previously granted performance stock units and RSUs, the issuer withheld 49,063 shares and 30,526 shares, both at a value of $11.10 per share. The newly reported 306,748 RSUs vest over three years, with 16 2/3% vesting after six months and the remainder in equal quarterly installments, subject to continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 49,063 | $11.10 | $545K |
| Tax Withholding | Class A Common Stock | 30,526 | $11.10 | $339K |
| Grant/Award | Class A Common Stock | 306,748 | $0.00 | -- |
Footnotes (1)
- Represents shares withheld by the Issuer to satisfy a tax obligation realized by the Reporting Person upon the vesting and settlement of performance stock units (PSU). Represents shares withheld by the Issuer to satisfy a tax obligation realized by the Reporting Person upon the vesting and settlement of restricted stock units (RSU). Includes 306,748 RSUs. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement. The RSUs vest over three years with 16 and 2/3% after 6 months, then 8 and 1/3% in equal quarterly installments thereafter, subject to continuous service through each such vesting dates.
Key Figures
Key Terms
performance stock units (PSU) financial
restricted stock units (RSU) financial
vest over three years financial
tax obligation financial
contingent right financial
FAQ
What insider transactions did PATH executive Ashim Gupta report?
What is the vesting schedule for Ashim Gupta’s 306,748 UiPath RSUs?