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Filing Details

Accession Number:: 0001209191-20-028913
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2020-05-13 17:33:07
Reporting Period:: 2020-05-11

Accepted Time:: 2020-05-13 17:33:07
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
1767104	Juliette Rizkallah	11120 Four Points Drive, Suite 100 Austin TX 78726	Chief Marketing Officer	No	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2020-05-11	5,500	$2.42	66,564	No	4	M	Direct
Common Stock	Disposition	2020-05-11	5,500	$20.89	61,064	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	M	Direct
No	4	S	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Stock Option (right to buy)	Disposition	2020-05-11	5,500	$0.00	5,500	$2.42

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
79,350		2025-08-18	No	4	M	Direct

Footnotes

The exercise and sale reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 5, 2020 (the "10b5-1 Plan"). No more than 84,425 shares may be sold in the aggregate under the 10b5-1 Plan, which terminates no later than March 31, 2021, regardless of whether the maximum of 84,425 shares in the aggregate have been sold.
Ms. Rizkallah sold 5,500 shares in multiple trades at prices ranging from $20.65 to $21.12 per share. The price reported above reflects the weighted average sale price. Ms. Rizkallah 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.
Stock option granted on August 19, 2015, which fully vested as follows: (a) as to 37,840 shares, 25% of which vested on August 19, 2016 and then the remaining of which vested in equal installments on a monthly basis over the 36-month period following August 19, 2016, and (b) as to the remaining 60,000 shares, (i) a number of which vested on January 15 of the calendar year following the year in which the grant date occurred ("First Annual Vest Date") equal to the total number of such shares multiplied by the number of days between the grant date and January 1 of the calendar year following the year in which the grant date occurred and divided by 1,460; (ii) 75% of which vested in equal installments on each of the first, second and third anniversaries of the First Annual Vest Date; and (iii) the remaining of which vested on the 15th day of the calendar month following the month in which the fourth anniversary of the grant date occured.