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Filing Details

Accession Number:: 0001627857-21-000112
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2021-11-17 17:28:11
Reporting Period:: 2021-11-15

Accepted Time:: 2021-11-17 17:28:11
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
1820482	Christopher Schmitt	11120 Four Points Drive Suite 100 Austin TX 78726	General Counsel And Secretary	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
Common Stock	Acquisiton	2021-11-15	3,070	$12.00	48,232	No	4	M	Direct
Common Stock	Disposition	2021-11-15	2,250	$58.68	45,982	No	4	S	Direct
Common Stock	Disposition	2021-11-15	820	$59.53	45,162	No	4	S	Direct
Common Stock	Disposition	2021-11-15	508	$59.66	44,654	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	S	Direct
No	4	S	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	2021-11-15	3,070	$0.00	3,070	$12.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
19,211		2027-11-16	No	4	M	Direct

Footnotes

The exercises and sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 14, 2021 (the "10b5-1 Plan"). No more than 50,028 shares may be sold in the aggregate under the 10b5-1 Plan, which terminates no later than July 15, 2022, regardless of whether the maximum of 50,028 shares in the aggregate have been sold.
On November 15, 2021, pursuant to the 10b5-1 Plan, Mr. Schmitt sold 2,250 shares in multiple trades at prices ranging from $58.32 to $59.10 per share. The price reported above reflects the weighted average sale price. Mr. Schmitt 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.
On November 15, 2021, pursuant to the 10b5-1 Plan, Mr. Schmitt sold 820 shares in multiple trades at prices ranging from $59.37 to $59.81 per share. The price reported above reflects the weighted average sale price. Mr. Schmitt 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.
On November 16, 2017, the reporting person was granted an option to purchase 58,333 shares of common stock, 25% of which vested on the first anniversary of the date of grant and then 1/48th of which vested on each monthly anniversary of the date of grant thereafter, such that 100% of the award was vested on the fourth anniversary of the date of grant.