Filing Details

Accession Number:
0001209191-20-028913
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-05-13 17:33:07
Reporting Period:
2020-05-11
Accepted Time:
2020-05-13 17:33:07
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
1767104 Juliette Rizkallah 11120 Four Points Drive,
Suite 100
Austin TX 78726
Chief Marketing Officer 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 2020-05-11 5,500 $2.42 66,564 No 4 M Direct
Common Stock Disposition 2020-05-11 5,500 $20.89 61,064 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 2020-05-11 5,500 $0.00 5,500 $2.42
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
79,350 2025-08-18 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 5, 2020 (the "10b5-1 Plan"). No more than 84,425 shares may be sold in the aggregate under the 10b5-1 Plan, which terminates no later than March 31, 2021, regardless of whether the maximum of 84,425 shares in the aggregate have been sold.
  2. Ms. Rizkallah sold 5,500 shares in multiple trades at prices ranging from $20.65 to $21.12 per share. The price reported above reflects the weighted average sale price. Ms. Rizkallah 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.
  3. Stock option granted on August 19, 2015, which fully vested as follows: (a) as to 37,840 shares, 25% of which vested on August 19, 2016 and then the remaining of which vested in equal installments on a monthly basis over the 36-month period following August 19, 2016, and (b) as to the remaining 60,000 shares, (i) a number of which vested on January 15 of the calendar year following the year in which the grant date occurred ("First Annual Vest Date") equal to the total number of such shares multiplied by the number of days between the grant date and January 1 of the calendar year following the year in which the grant date occurred and divided by 1,460; (ii) 75% of which vested in equal installments on each of the first, second and third anniversaries of the First Annual Vest Date; and (iii) the remaining of which vested on the 15th day of the calendar month following the month in which the fourth anniversary of the grant date occured.