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Filing Details

Accession Number:: 0001209191-20-019665
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2020-03-17 17:07:11
Reporting Period:: 2020-03-16

Accepted Time:: 2020-03-17 17:07:11
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1627857	Sailpoint Technologies Holdings Inc.	SAIL	Services-Prepackaged Software (7372)	471628077

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1722498	D. Mark Mcclain	11120 Four Points Drive, Suite 100 Austin TX 78726	Ceo And President	Yes	Yes	No	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Disposition	2020-03-16	7,143	$16.90	1,401,755	No	4	S	Direct
Common Stock	Disposition	2020-03-16	12,857	$15.22	1,388,898	No	4	S	Direct
Common Stock	Disposition	2020-03-16	10,714	$16.90	905,280	No	4	S	Indirect	By McClain Charitable Remainder Unitrust
Common Stock	Disposition	2020-03-16	19,286	$15.22	885,994	No	4	S	Indirect	By McClain Charitable Remainder Unitrust
Common Stock	Disposition	2020-03-16	714	$16.90	43,286	No	4	S	Indirect	By McClain RHD 2015 Trust
Common Stock	Disposition	2020-03-16	1,286	$15.22	42,000	No	4	S	Indirect	By McClain RHD 2015 Trust
Common Stock	Disposition	2020-03-16	714	$16.90	43,286	No	4	S	Indirect	By McClain ADM 2015 Trust
Common Stock	Disposition	2020-03-16	1,286	$15.22	42,000	No	4	S	Indirect	By McClain ADM 2015 Trust
Common Stock	Disposition	2020-03-16	714	$16.90	43,286	No	4	S	Indirect	By McClain GMM 2015 Trust
Common Stock	Disposition	2020-03-16	1,286	$15.22	42,000	No	4	S	Indirect	By McClain GMM 2015 Trust

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Direct
No	4	S	Direct
No	4	S	Indirect	By McClain Charitable Remainder Unitrust
No	4	S	Indirect	By McClain Charitable Remainder Unitrust
No	4	S	Indirect	By McClain RHD 2015 Trust
No	4	S	Indirect	By McClain RHD 2015 Trust
No	4	S	Indirect	By McClain ADM 2015 Trust
No	4	S	Indirect	By McClain ADM 2015 Trust
No	4	S	Indirect	By McClain GMM 2015 Trust
No	4	S	Indirect	By McClain GMM 2015 Trust

Footnotes

On March 16, 2020, pursuant to a plan of disposition adopted on June 14, 2019 in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934 (the "10b5-1 Plan"), Mr. McClain sold 7,143 shares in a single trade at a price of $16.90. No more than 240,000 shares may be sold in the aggregate under the 10b5-1 Plan, which terminates no later than July 15, 2020, regardless of whether the maximum of 240,000 shares in the aggregate have been sold.
On March 16, 2020, pursuant to the 10b5-1 Plan, Mr. McClain sold 12,857 shares in multiple trades at prices ranging from $15.22 to $15.28. The price reported above reflects the weighted average sale price. Mr. McClain hereby undertakes to provide to the Securities and Exchange Commission staff, the issuer or any security holder of the issuer, upon request, full information regarding the number of shares and prices at which the transaction was effected. No more than 240,000 shares may be sold in the aggregate under the 10b5-1 Plan, which terminates no later than July 15, 2020, regardless of whether the maximum of 240,000 shares in the aggregate have been sold.
On March 16, 2020, pursuant to a plan of disposition adopted on June 14, 2019 in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934 (the "Unitrust 10b5-1 Plan"), the McClain Charitable Remainder Unitrust (the "Unitrust") sold 10,714 shares in a single trade at a price of $16.90. No more than 420,000 shares may be sold in the aggregate under the Unitrust 10b5-1 Plan, which terminates no later than July 15, 2020, regardless of whether the maximum of 420,000 shares in the aggregate have been sold.
Mr. McClain is a co-trustee for the Unitrust, and he shares investment control over, and may be deemed to have a pecuniary interest in, the shares held by the Unitrust. As such, Mr. McClain may be deemed to beneficially own all of the shares held by the Unitrust; however, Mr. McClain disclaims beneficial ownership of the shares held by the Unitrust except to the extent of his pecuniary interest therein.
On March 16, 2020, pursuant to the Unitrust 10b5-1 Plan, the Unitrust sold 19,286 shares in multiple trades at prices ranging from $15.22 to $15.28. The price reported above reflects the weighted average sale price. The Unitrust hereby undertakes to provide to the Securities and Exchange Commission staff, the issuer or any security holder of the issuer, upon request, full information regarding the number of shares and prices at which the transaction was effected. No more than 420,000 shares may be sold in the aggregate under the Unitrust 10b5-1 Plan, which terminates no later than July 15, 2020, regardless of whether the maximum of 420,000 shares in the aggregate have been sold.
On March 16, 2020, pursuant to a plan of disposition adopted on June 14, 2019 in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934 (the "RHD 10b5-1 Plan"), the McClain RHD 2015 Trust (the "RHD Trust") sold 714 shares in a single trade at a price of $16.90. No more than 24,000 shares may be sold in the aggregate under the RHD 10b5-1 Plan, which terminates no later than July 15, 2020, regardless of whether the maximum of 24,000 shares in the aggregate have been sold.
Mr. McClain is a co-trustee for each of the RHD Trust, McClain ADM 2015 Trust (the "ADM Trust") and McClain GMM 2015 Trust (the "GMM Trust", and together with the RHD Trust and the ADM Trust, the "Family Trusts"). The beneficiary of each of the Family Trusts is an immediate family member of Mr. McClain's. As such, Mr. McClain may be deemed to beneficially own all of the shares held by the Family Trusts; however, Mr. McClain disclaims beneficial ownership of the shares held by the Family Trusts except to the extent of his pecuniary interest therein.
On March 16, 2020, pursuant to the RHD Trust 10b5-1 Plan, the RHD Trust sold 1,286 shares in multiple trades at prices ranging from $15.22 to $15.28. The price reported above reflects the weighted average sale price. The RHD Trust hereby undertakes to provide to the Securities and Exchange Commission staff, the issuer or any security holder of the issuer, upon request, full information regarding the number of shares and prices at which the transaction was effected. No more than 24,000 shares may be sold in the aggregate under the RHD 10b5-1 Plan, which terminates no later than July 15, 2020, regardless of whether the maximum of 24,000 shares in the aggregate have been sold.
On March 16, 2020, pursuant to a plan of disposition adopted on June 14, 2019 in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934 (the "ADM 10b5-1 Plan"), the ADM Trust sold 714 shares in a single trade at a price of $16.90. No more than 24,000 shares may be sold in the aggregate under the ADM 10b5-1 Plan, which terminates no later than July 15, 2020, regardless of whether the maximum of 24,000 shares in the aggregate have been sold.
On March 16, 2020, pursuant to the ADM Trust 10b5-1 Plan, the ADM Trust sold 1,286 shares in multiple trades at prices ranging from $15.22 to $15.28. The price reported above reflects the weighted average sale price. The ADM Trust hereby undertakes to provide to the Securities and Exchange Commission staff, the issuer or any security holder of the issuer, upon request, full information regarding the number of shares and prices at which the transaction was effected. No more than 24,000 shares may be sold in the aggregate under the ADM 10b5-1 Plan, which terminates no later than July 15, 2020, regardless of whether the maximum of 24,000 shares in the aggregate have been sold.
On March 16, 2020, pursuant to a plan of disposition adopted on June 14, 2019 in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934 (the "GMM 10b5-1 Plan"), the GMM Trust sold 714 shares in a single trade at a price of $16.90. No more than 24,000 shares may be sold in the aggregate under the GMM 10b5-1 Plan, which terminates no later than July 15, 2020, regardless of whether the maximum of 24,000 shares in the aggregate have been sold.
On March 16, 2020, pursuant to the GMM Trust 10b5-1 Plan, the GMM Trust sold 1,286 shares in multiple trades at prices ranging from $15.22 to $15.28. The price reported above reflects the weighted average sale price. The GMM Trust hereby undertakes to provide to the Securities and Exchange Commission staff, the issuer or any security holder of the issuer, upon request, full information regarding the number of shares and prices at which the transaction was effected. No more than 24,000 shares may be sold in the aggregate under the GMM 10b5-1 Plan, which terminates no later than July 15, 2020, regardless of whether the maximum of 24,000 shares in the aggregate have been sold