Filing Details

Accession Number:
0001209191-20-064439
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-12-18 16:47:26
Reporting Period:
2020-12-16
Accepted Time:
2020-12-18 16:47:26
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
1820482 Christopher Schmitt 11120 Four Points Drive
Suite 100
Austin TX 78726
General Counsel And Secretary No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2020-12-16 729 $3.17 40,596 No 4 M Direct
Common Stock Disposition 2020-12-16 729 $52.03 39,867 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
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Option (right to buy) Disposition 2020-12-16 729 $0.00 729 $3.17
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
27,792 2027-03-24 No 4 M Direct
Footnotes
  1. 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 13, 2020 (the "10b5-1 Plan"). No more than 50,702 shares may be sold in the aggregate under the 10b5-1 Plan, which terminates no later than April 16, 2021, regardless of whether the maximum of 50,702 shares in the aggregate have been sold.
  2. Pursuant to the 10b5-1 Plan, the reporting person sold 729 shares in a single trade at a price of 52.03 per share.
  3. On March 24, 2017, the reporting person was granted an option to purchase 70,000 shares of common stock. As to 35,000 shares, 25% vestedon March 13, 2018 and the remaining 75% vest in equal installments on a monthly basis over the 36-month period following March 13, 2018. Asto the other 35,000 shares, (i) 7,280 vested on January 15, 2018; (ii) 26,250 vest in equal installments on each of January 15, 2019, January 15,2020, and January 15, 2021; and (iii) 1,470 vest on April 15, 2021.