Filing Details

Accession Number:
0001627857-22-000004
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-01-20 17:22:52
Reporting Period:
2022-01-18
Accepted Time:
2022-01-20 17:22:52
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
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2022-01-18 25,000 $41.28 669,152 No 4 S Direct
Common Stock Disposition 2022-01-18 15,000 $41.28 265,994 No 4 S Indirect By McClain Charitable Remainder Unitrust
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 S Indirect By McClain Charitable Remainder Unitrust
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 48,000 Indirect By McClain RHD 2015 Trust
Common Stock 48,000 Indirect By McClain ADM 2015 Trust
Common Stock 48,000 Indirect By McClain GMM 2015 Trust
Footnotes
  1. On January 18, 2022, pursuant to a plan of disposition adopted by Mr. McClain on May 23, 2021 in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934 (the "10b5-1 Plan"), Mr. McClain sold 25,000 shares in a single trade at a price of $41.28 per share. No more than 300,000 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 300,000 shares in the aggregate have been sold.
  2. On January 18, 2022, pursuant to a plan of disposition adopted by the McClain Charitable Remainder Unitrust (the "Unitrust") on May 23, 2021 in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934 (the "Unitrust 10b5-1 Plan"), the Unitrust sold 15,000 shares in a single trade at a price of $41.28 per share. No more than 100,000 shares may be sold in the aggregate under the Unitrust 10b5-1 Plan, which terminates no later than July 15, 2022, regardless of whether the maximum of 100,000 shares in the aggregate have been sold.
  3. 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.
  4. 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.