Filing Details

Accession Number:
0001627857-21-000014
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-06-02 17:30:20
Reporting Period:
2021-05-28
Accepted Time:
2021-06-02 17:30:20
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1627857 Sailpoint Technologies Holdings Inc. SAIL () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1587872 Jason Ream 11120 Four Points Drive
Suite 100
Austin TX 78726
Chief Financial 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 Disposition 2021-05-28 1,148 $46.53 121,072 No 4 F Direct
Common Stock Disposition 2021-05-28 690 $46.53 120,382 No 4 F Direct
Common Stock Acquisiton 2021-06-01 3,673 $17.56 124,055 No 4 M Direct
Common Stock Disposition 2021-06-01 13,678 $44.80 110,377 No 4 S Direct
Common Stock Disposition 2021-06-01 1,322 $45.54 109,055 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 F Direct
No 4 F Direct
No 4 M Direct
No 4 S 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 2021-06-01 3,673 $0.00 3,673 $17.56
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
86,058 2029-06-10 No 4 M Direct
Footnotes
  1. The exercise and sale dated June 1, 2021 reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 10, 2020 (the "10b5-1 Plan"). No more than 75,000 shares may be sold in the aggregate under the 10b5-1 Plan, which terminates no later than December 13, 2021, regardless of whether the maximum of 75,000 shares in the aggregate have been sold.
  2. Mr. Ream sold 13,678 shares in multiple trades at prices ranging from $44.26 to $45.22 per share. The price reported above reflects the weighted average sale price. Mr. Ream 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. Mr. Ream sold 1,322 shares in multiple trades at prices ranging from $45.27 to $45.97 per share. The price reported above reflects the weighted average sale price. Mr. Ream 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.
  4. Stock option granted on June 10, 2019, which vests as follows: 25% vested on June 10, 2020 and then 1/48th on each monthly anniversary of the date of grant thereafter over the following 36 months.