Eric Domagalski - Apr 28, 2021 Form 4 Insider Report for Sailpoint Technologies Holdings, Inc. (SAIL)

Signature
/s/ Christopher G. Schmitt, attorney-in-fact
Stock symbol
SAIL
Transactions as of
Apr 28, 2021
Transactions value $
-$94,589
Form type
4
Date filed
8/24/2021, 06:01 PM
Next filing
Jun 2, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SAIL Common Stock Award $0 +5.78K +25.61% $0.00 28.4K Apr 28, 2021 Direct F1
transaction SAIL Common Stock Tax liability -$22.4K -520 -1.83% $43.09 27.8K Aug 20, 2021 Direct
transaction SAIL Common Stock Sale -$72.2K -1.61K -5.8% $44.75 26.2K Aug 24, 2021 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SAIL Stock Option (right to buy) Award $0 +6.23K $0.00 6.23K Apr 28, 2021 Common Stock 6.23K $50.53 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The April 28, 2021 awards were inadvertently not timely reported.
F2 On August 24, 2021, pursuant to a plan of disposition adopted on May 19, 2021 in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934 (the "10b5-1 Plan"), Mr. Domagalski sold 1,613 shares in a single trade at a price of $44.75 per share. No more than 9,014 shares may be sold in the aggregate under the 10b5-1 Plan, which terminates no later than March 31, 2022, regardless of whether the maximum of 9,014 shares in the aggregate have been sold.
F3 Stock options granted on April 28, 2021, 25% of which vest on the first anniversary of the date of grant and then 1/48th of which vest on each monthly anniversary of the date of grant thereafter, such that 100% of the award will be vested on the fourth anniversary of the date of grant.