Filing Details

Accession Number:
0001627857-22-000020
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-02-16 16:54:02
Reporting Period:
2022-02-15
Accepted Time:
2022-02-16 16:54:02
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
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2022-02-15 1,370 $12.00 65,713 No 4 M Direct
Common Stock Disposition 2022-02-15 1,000 $40.71 64,713 No 4 S Direct
Common Stock Disposition 2022-02-15 370 $41.37 64,343 No 4 S Direct
Common Stock Disposition 2022-02-15 1,049 $40.55 63,294 No 4 S Direct
Common Stock Disposition 2022-02-15 912 $41.20 62,382 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 S 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 2022-02-15 1,370 $0.00 1,370 $12.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
15,096 2027-11-16 No 4 M Direct
Footnotes
  1. 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.
  2. On February 15, 2022, pursuant to the 10b5-1 Plan, Mr. Schmitt sold 1,000 shares in multiple trades at prices ranging from $40.18 to $41.17 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.
  3. On February 15, 2022, pursuant to the 10b5-1 Plan, Mr. Schmitt sold 370 shares in multiple trades at prices ranging from $41.19 to $41.46 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.
  4. On February 15, 2022, pursuant to the 10b5-1 Plan, Mr. Schmitt sold 1,049 shares in multiple trades at prices ranging from $40.02 to $40.95 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.
  5. On February 15, 2022, pursuant to the 10b5-1 Plan, Mr. Schmitt sold 912 shares in multiple trades at prices ranging from $41.02 to $41.46 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.
  6. 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 had vested by the fourth anniversary of the date of grant.