Filing Details

Accession Number:
0000899243-17-027318
Form Type:
4
Zero Holdings:
No
Publication Time:
2017-11-22 17:02:30
Reporting Period:
2017-11-20
Accepted Time:
2017-11-22 17:02:30
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 11305 Four Points Drive
Building 2, 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 Acquisiton 2017-11-20 100,000 $0.00 1,709,565 No 4 A Direct
Common Stock Acquisiton 2017-11-21 363,237 $0.00 2,072,802 No 4 C Direct
Common Stock Disposition 2017-11-21 200,000 $12.00 1,872,802 No 4 S Direct
Common Stock Acquisiton 2017-11-21 496,713 $0.00 1,555,994 No 4 C Indirect By McClain Charitable Remainder Unitrust
Common Stock Disposition 2017-11-21 100,000 $12.00 1,455,994 No 4 S Indirect By McClain Charitable Remainder Unitrust
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 C Direct
No 4 S Direct
No 4 C Indirect By McClain Charitable Remainder Unitrust
No 4 S Indirect By McClain Charitable Remainder Unitrust
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Series A Convertible Preferred Stock Disposition 2017-11-21 3,965 $0.00 363,237 $0.00
Common Stock Series A Convertible Preferred Stock Disposition 2017-11-21 5,422 $0.00 496,713 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 No 4 C Direct
0 No 4 C Indirect
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 80,000 Indirect By McClain RHD 2015 Trust
Common Stock 80,000 Indirect By McClain ADM 2015 Trust
Common Stock 80,000 Indirect By McClain GMM 2015 Trust
Footnotes
  1. Immediately prior to completion of the issuer's initial public offering (the "IPO") on November 21, 2017, each share of preferred stock automatically converted into a number of shares of common stock equal to the result of the liquidation value of such share of preferred stock, divided by the initial public offering price per share of common stock of $12.00. The liquidation value for each share of preferred stock was equal to $1,000 plus accrued and unpaid dividends on such share of preferred stock. There was no expiration date.
  2. Sold in the IPO.
  3. Mr. McClain is a co-trustee for the McClain Charitable Remainder Unitrust (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 McClain RHD 2015 Trust, McClain ADM 2015 Trust and McClain GMM 2015 Trust (together, 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.