Mark D. McClain - Feb 10, 2022 Form 4 Insider Report for Sailpoint Technologies Holdings, Inc. (SAIL)

Role
CEO and President, Director
Signature
/s/ Ryan Clyde, attorney-in-fact
Stock symbol
SAIL
Transactions as of
Feb 10, 2022
Transactions value $
$0
Form type
4
Date filed
2/14/2022, 05:55 PM
Previous filing
Jan 20, 2022
Next filing
Feb 16, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SAIL Common Stock Award $0 +110K +16.46% $0.00 779K Feb 10, 2022 Direct
holding SAIL Common Stock 266K Feb 10, 2022 By McClain Charitable Remainder Unitrust F1
holding SAIL Common Stock 48K Feb 10, 2022 By McClain RHD 2015 Trust F2
holding SAIL Common Stock 48K Feb 10, 2022 By McClain ADM 2015 Trust F2
holding SAIL Common Stock 48K Feb 10, 2022 By McClain GMM 2015 Trust 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 +119K $0.00 119K Feb 10, 2022 Common Stock 119K $39.75 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Mr. McClain is a co-trustee for the McClain Charitable Remainder Unitrust (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.
F2 Mr. McClain is a co-trustee for each of McClain RHD 2015 Trust, McClain ADM 2015 Trust and McClain GMM 2015 Trust (together, 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
F3 Stock options granted on February 10, 2022, 25% of which vest on the one-year anniversary of the date of grant and 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.

Remarks:

Exhibit List: Exhibit 24 - Power of Attorney