Mark D. McClain - Oct 15, 2021 Form 4 Insider Report for Sailpoint Technologies Holdings, Inc. (SAIL)

Role: CEO and President, Director
Signature: /s/ Christopher G. Schmitt, attorney-in-fact
Stock symbol: SAIL
Transactions as of: Oct 15, 2021
Transactions value $: -$1,870,000
Form type: 4
Date filed: 10/19/2021, 05:06 PM
Previous filing: Sep 17, 2021
Next filing: Nov 17, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SAIL	Common Stock	Sale	-$1.17M	-25K	-2.71%	$46.75	899K	Oct 15, 2021	Direct	F1
transaction	SAIL	Common Stock	Sale	-$701K	-15K	-4.9%	$46.75	291K	Oct 15, 2021	By McClain Charitable Remainder Unitrust	F2, F3
holding	SAIL	Common Stock						28K	Oct 15, 2021	By McClain RHD 2015 Trust	F4
holding	SAIL	Common Stock						28K	Oct 15, 2021	By McClain ADM 2015 Trust	F4
holding	SAIL	Common Stock						28K	Oct 15, 2021	By McClain GMM 2015 Trust	F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On October 15, 2021, pursuant to a plan of disposition adopted by Mr. McClain on May 23, 2021 in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934 (the "10b5-1 Plan"), Mr. McClain sold 25,000 shares in a single trade at a price of $46.75 per share. No more than 300,000 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 300,000 shares in the aggregate have been sold.
F2	On October 15, 2021, pursuant to a plan of disposition adopted by the McClain Charitable Remainder Unitrust (the "Unitrust") on May 23, 2021 in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934 (the "Unitrust 10b5-1 Plan"), the Unitrust sold 15,000 shares in a single trade at a price of $46.75 per share. No more than 100,000 shares may be sold in the aggregate under the Unitrust 10b5-1 Plan, which terminates no later than July 15, 2022, regardless of whether the maximum of 100,000 shares in the aggregate have been sold.
F3	Mr. McClain is a co-trustee for the Unitrust, and he shares investment control over, and may be deemed to have a pecuniary interest in, the shares held by the Unitrust. As such, Mr. McClain may be deemed to beneficially own all of the shares held by the Unitrust; however, Mr. McClain disclaims beneficial ownership of the shares held by the Unitrust except to the extent of his pecuniary interest therein.
F4	Mr. McClain is a co-trustee for each of McClain RHD 2015 Trust (the "RHD Trust"), McClain ADM 2015 Trust (the "ADM Trust") and McClain GMM 2015 Trust (the "GMM Trust", and together with the RHD Trust and the ADM Trust, the "Family Trusts"). The beneficiary of each of the Family Trusts is an immediate family member of Mr. McClain's. As such, Mr. McClain may be deemed to beneficially own all of the shares held by the Family Trusts; however, Mr. McClain disclaims beneficial ownership of the shares held by the Family Trusts except to the extent of his pecuniary interest therein.