Grady Summers - 27 Aug 2021 Form 4 Insider Report for Sailpoint Technologies Holdings, Inc. (SAIL)

Signature
/s/ Christopher G. Schmitt, attorney-in-fact
Issuer symbol
SAIL
Transactions as of
27 Aug 2021
Transactions value $
-$757,943
Form type
4
Filing time
31 Aug 2021, 16:54:11 UTC
Previous filing
17 Aug 2021
Next filing
16 Sep 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SAIL Common Stock Sale -$421,965 -9,000 -3.8% $46.89 228,502 27 Aug 2021 Direct F1
transaction SAIL Common Stock Tax liability -$299,781 -6,162 -2.7% $48.65 222,340 28 Aug 2021 Direct
transaction SAIL Common Stock Tax liability -$36,195 -744 -0.33% $48.65 221,596 27 Aug 2021 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On August 27, 2021, pursuant to a plan of disposition adopted on June 2, 2021 in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934 (the "10b5-1 Plan"), Mr. Summers sold 9,000 shares in multiple trades at prices ranging from $46.58 to $47.32 per share. The price reported above reflects the weighted average sale price. Mr. Summers 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. No more than 27,000 shares may be sold in the aggregate under the 10b5-1 Plan, which terminates no later than May 24, 2022, regardless of whether the maximum of 27,000 shares in the aggregate have been sold.