| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | SAIL | Common Stock | Options Exercise | $9.21K | +2.91K | +6.29% | $3.17* | 49.1K | Sep 15, 2021 | Direct | F1 |
| transaction | SAIL | Common Stock | Sale | -$136K | -2.91K | -5.92% | $46.81 | 46.2K | Sep 15, 2021 | Direct | F1, F2 |
| transaction | SAIL | Common Stock | Options Exercise | $1.98K | +165 | +0.36% | $12.00* | 46.3K | Sep 15, 2021 | Direct | F1 |
| transaction | SAIL | Common Stock | Sale | -$7.77K | -165 | -0.36% | $47.11 | 46.2K | Sep 15, 2021 | Direct | F1, F3 |
| transaction | SAIL | Common Stock | Sale | -$23.9K | -507 | -1.1% | $47.11 | 45.7K | Sep 15, 2021 | Direct | F1, F4 |
| 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) | Options Exercise | $0 | -2.91K | -15.88% | $0.00 | 15.4K | Sep 15, 2021 | Common Stock | 2.91K | $3.17 | Direct | F1, F5 |
| transaction | SAIL | Stock Option (right to buy) | Options Exercise | $0 | -165 | -0.65% | $0.00 | 25.4K | Sep 15, 2021 | Common Stock | 165 | $12.00 | Direct | F1, F6 |
| Id | Content |
|---|---|
| F1 | 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. |
| F2 | On September 15, 2021, pursuant to the 10b5-1 Plan, Mr. Schmitt sold 2,905 shares in multiple trades at prices ranging from $46.44 to $47.08 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. |
| F3 | On September 15, 2021, pursuant to the 10b5-1 Plan, Mr. Schmitt sold 165 shares in a single trade at a price of $47.11 per share. |
| F4 | On September 15, 2021, pursuant to the 10b5-1 Plan, Mr. Schmitt sold 507 shares in a single trade at a price of $47.11 per share. |
| F5 | On March 24, 2017, the reporting person was granted an option to purchase 70,000 shares of common stock. As to 35,000 shares, 25% vested on March 13, 2018 and the remaining 75% vest in equal installments on a monthly basis over the 36-month period following March 13, 2018. As to the other 35,000 shares, (i) 7,280 vested on January 15, 2018; (ii) 26,250 vested in equal installments on each of January 15, 2019, January 15, 2020, and January 15, 2021; and (iii) 1,470 vested on April 15, 2021. |
| F6 | 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 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. |