Company: PATH
Filing Date: 2025-12-08
Form Type: 10-Q
Source: 0001734722-25-000050
Chunk: 96

Company: UiPath, Inc.
Filing Date: 2025-12-08
Form: 10-Q
Item: Part I, Item 8
Chunk 96
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5 was as follows:Stock Options(in thousands)Weighted-Average Exercise PriceWeighted-Average Remaining Contractual Life (years)Aggregate Intrinsic Value(in thousands)Outstanding as of January 31, 20257,935 $0.60 7.5$108,138 Granted2,814 $0.10 Exercised(3,115)$0.31 Forfeited(341)$0.10 Outstanding as of October 31, 20257,293 $0.55 7.7$111,681 Vested and exercisable as of October 31, 20252,394 $1.46 5.5$34,477 The weighted-average grant date fair value of stock options granted during the nine months ended October 31, 2025 was $10.63 per share. The intrinsic value of stock options exercised during the nine months ended October 31, 2025 was $38.6 million.

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

Unrecognized compensation expense associated with unvested stock options granted and outstanding as of October 31, 2025 was approximately $60.4 million, which is expected to be recognized over a weighted-average remaining period of 2.0 years.Restricted Stock UnitsRSU activity during the nine months ended October 31, 2025 was as follows:RSUs(in thousands)Weighted-Average Grant Date Fair Value Per ShareUnvested as of January 31, 202522,449 $17.81 Granted15,740 $11.12 Vested(10,533)$17.21 Forfeited(4,774)$16.05 Unvested as of October 31, 202522,882 $13.85 The intrinsic value of RSUs released during the nine months ended October 31, 2025 was $129.0 million.As of October 31, 2025, total unrecognized compensation expense related to unvested RSUs was approximately $293.4 million, which is expected to be recognized over a weighted-average remaining period of 2.2 years.Performance Stock UnitsDuring the nine months ended October 31, 2025, we granted 0.7 million PSUs subject to performance conditions related to the achievement of certain Company targets for fiscal year 2026, with a