Leaders Fund Investors 2016 L.L.C. Accel Form 3 UiPath / Leaders Fund Associates L.L.C. Accel ownership change

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Accel London V L.P.

(Last) (First) (Middle)

500 UNIVERSITY AVENUE

(Street)

PALO ALTO CA 94301

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
04/20/2021

3. Issuer Name and Ticker or Trading Symbol
UiPath, Inc. [ PATH ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

Director	X	10% Owner
Officer (give title below)		Other (specify below)

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Series C-1 Preferred Stock	(1)	(1)	Class A Common Stock	3,326,970	(1)	I	By Accel Leaders Fund L.P.(2)
Series C-2 Preferred Stock	(1)	(1)	Class A Common Stock	2,657,322	(1)	I	By Accel Leaders Fund L.P.(2)
Series D-1 Preferred Stock	(1)	(1)	Class A Common Stock	747,579	(1)	I	By Accel Leaders Fund L.P.(2)
Series D-2 Preferred Stock	(1)	(1)	Class A Common Stock	125,532	(1)	I	By Accel Leaders Fund L.P.(2)
Series E Preferred Stock	(1)	(1)	Class A Common Stock	25,665	(1)	I	By Accel Leaders Fund L.P.(2)
Series C-1 Preferred Stock	(1)	(1)	Class A Common Stock	158,958	(1)	I	By Accel Leaders Fund Investors 2016 L.L.C.(3)
Series C-2 Preferred Stock	(1)	(1)	Class A Common Stock	126,963	(1)	I	By Accel Leaders Fund Investors 2016 L.L.C.(3)
Series D-1 Preferred Stock	(1)	(1)	Class A Common Stock	35,718	(1)	I	By Accel Leaders Fund Investors 2016 L.L.C.(3)
Series D-2 Preferred Stock	(1)	(1)	Class A Common Stock	5,997	(1)	I	By Accel Leaders Fund Investors 2016 L.L.C.(3)
Series E Preferred Stock	(1)	(1)	Class A Common Stock	1,226	(1)	I	By Accel Leaders Fund Investors 2016 L.L.C.(3)

1. Name and Address of Reporting Person^*

Accel London V L.P.

(Last) (First) (Middle)

500 UNIVERSITY AVENUE

(Street)

PALO ALTO CA 94301

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

Accel Leaders Fund L.P.

(Last) (First) (Middle)

500 UNIVERSITY AVENUE

(Street)

PALO ALTO CA 94301

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

Accel Leaders Fund Associates L.L.C.

(Last) (First) (Middle)

500 UNIVERSITY AVENUE

(Street)

PALO ALTO CA 94301

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

Accel Leaders Fund Investors 2016 L.L.C.

(Last) (First) (Middle)

500 UNIVERSITY AVENUE

(Street)

PALO ALTO CA 94301

(City) (State) (Zip)

Explanation of Responses:

1. Each share of Series C-1 Preferred Stock, Series C-2 Preferred Stock, Series D-1 Preferred Stock, Series D-2 Preferred Stock and Series E Preferred Stock will automatically convert into one share of Class A Common Stock immediately prior to the closing of the Issuer's initial public offering (IPO), and has no expiration date.

2. Accel Leaders Fund Associates L.L.C., or ALFA, is the General Partner of Accel Leaders Fund L.P. and has sole voting and investment power. Andrew G. Braccia, Sameer K. Gandhi, Ping Li, Tracy L. Sedlock, Ryan J. Sweeney, and Richard P. Wong are the Managing Members of ALFA and share such powers. Such managers disclaim beneficial ownership except to the extent of their pecuniary interest therein.

3. Andrew G. Braccia, Sameer K. Gandhi, Ping Li, Tracy L. Sedlock, Ryan J. Sweeney, and Richard P. Wong are the Managing Members of Accel Leaders Fund Investors 2016 L.L.C. and share voting and investment powers. Such managers disclaim beneficial ownership except to the extent of their pecuniary interest therein.

Remarks:

Exhibit 24 - Power of Attorney This Form 3 is the second of two Form 3s filed relating to the same event. Combined, the two reports report the holdings for the following reporting persons: Accel London V L.P., Accel London V Strategic Partners L.P., Accel London Investors 2016 L.P., Accel London V Associates L.P., Accel London V Associates L.L.C., Accel Leaders Fund L.P., Accel Leaders Fund Associates L.L.C., Accel Leaders Fund Investor 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. and Accel Growth Fund Investors 2016 L.L.C. This Form 3 has been split into two filings because there are more than 10 reporting persons in total, and the SEC's EDGAR filing system limits a single Form 3 to a maximum of 10 reporting persons and 30 reportable holdings. Each Form 3 is filed by designated filer Accel London V L.P.

	/s/ Tracy L. Sedlock, as Attorney-in-Fact, for Accel London V L.P.	04/20/2021
	/s/ Tracy L. Sedlock, as Attorney-in-Fact, for Accel Leaders Fund L.P.	04/20/2021
	/s/ Tracy L. Sedlock, as Attorney-in-Fact, for Accel Leaders Fund Associates L.L.C.	04/20/2021
	/s/ Tracy L.Sedlock, as Attorney-in-Fact, for Accel Leaders Fund Investors 2016 L.L.C.	04/20/2021
	** Signature of Reporting Person	Date
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