Company: PATH
Filing Date: 2025-06-03
Form Type: 10-Q
Source: 0001734722-25-000030
Chunk: 81

Company: UiPath, Inc.
Filing Date: 2025-06-03
Form: 10-Q
Item: Part I, Item 8
Chunk 81
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0 million shares of Class B common stock beneficially owned by CEO Daniel Dines were converted into Class A common stock in connection with a previously disclosed Rule 10b5-1 trading plan. All remaining outstanding shares of Class B common stock continue to be beneficially owned by Mr. Dines.Accumulated Other Comprehensive IncomeFor the three months ended April 30, 2025 and 2024, changes in the components of accumulated other comprehensive income (loss) were as follows (in thousands):Foreign Currency Translation AdjustmentsUnrealized Gain (Loss) on Marketable SecuritiesAccumulated Other Comprehensive IncomeBalance as of January 31, 2025$(4,518)$(372)$(4,890)Other comprehensive income, net of tax33,857 556 34,413 Balance as of April 30, 2025$29,339 $184 $29,523 Foreign Currency Translation AdjustmentsUnrealized Loss on Marketable SecuritiesAccumulated Other Comprehensive IncomeBalance as of January 31, 2024$8,925 $(100)$8,825 Other comprehensive loss, net of tax(3,574)(511)(4,085)Balance as of April 30, 2024$5,351 $(611)$4,740 

12. Equity Incentive Plans and Stock-Based Compensation

2021 Stock PlanIn April 2021, prior to and in connection with our initial public offering ("IPO"), we adopted our 2021 Equity Incentive Plan (the "2021 Plan"), which provides for grants of incentive stock options, nonstatutory stock options, stock appreciation rights, restricted stock awards ("RSAs"), restricted stock units ("RSUs"), performance stock units 

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Table of ContentsUiPath, Inc.Notes to Condensed Consolidated Financial Statements (Continued)(unaudited)

("PSUs"), and other forms of awards. As of April 30, 2025, we have reserved 229.8 million shares of our Class A common stock to be issued under the 2021 Plan. The number of shares of our Class A common stock reserved for issuance under the 2021 Plan will automatically increase on February 1 of each year for a period of ten years, which began on February 1, 2022 and continues through February 1, 2031, in an amount equal to (1) 5% of the total number of shares of our common stock (both Class A