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Filing Details

Accession Number:: 0001209191-20-042874
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2020-07-17 16:47:03
Reporting Period:: 2020-07-15

Accepted Time:: 2020-07-17 16:47:03
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	2020-07-15	20,000	$28.46	1,308,898	No	4	S	Direct
Common Stock	Disposition	2020-07-15	45,000	$28.46	735,994	No	4	S	Indirect	By McClain Charitable Remainder Unitrust
Common Stock	Disposition	2020-07-15	2,000	$28.46	34,000	No	4	S	Indirect	By McClain RHD 2015 Trust
Common Stock	Disposition	2020-07-15	2,000	$28.46	34,000	No	4	S	Indirect	By McClain ADM 2015 Trust
Common Stock	Disposition	2020-07-15	2,000	$28.46	34,000	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	Indirect	By McClain Charitable Remainder Unitrust
No	4	S	Indirect	By McClain RHD 2015 Trust
No	4	S	Indirect	By McClain ADM 2015 Trust
No	4	S	Indirect	By McClain GMM 2015 Trust

Footnotes

On July 15, 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 20,000 shares in a single trade at a price of $28.46 per share. All 240,000 shares under the 10b5-1 Plan have been sold.
On July 15, 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 45,000 shares in a single trade at a price of $28.46 per share. All 420,000 shares under the Unitrust 10b5-1 Plan 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 July 15, 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 2,000 shares in a single trade at a price of $28.46 per share. All 24,000 shares under the RHD 10b5-1 Plan 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 July 15, 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 2,000 shares in a single trade at a price of $28.46 per share. All 24,000 shares under the ADM 10b5-1 Plan have been sold.
On July 15, 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 2,000 shares in a single trade at a price of $28.46 per share. All 24,000 shares under the GMM 10b5-1 Plan have been sold.