SEC Form 4 · accession 0001209191-18-052060
Sailpoint Technologies Holdings, Inc. · SAIL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Howard R. Greenfield
Officer — Chief Revenue Officer
Period of report
Sep 21, 2018
Accepted (ET)
Sep 24, 2018 · 5:33 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001627857
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Sep 21, 2018 | S | 24,061 | $32.0938 | D | 150,939 | I | HRG 2009 Irrevocable Trust |
| Common StockF3,F2 | Sep 21, 2018 | S | 25,939 | $32.7392 | D | 125,000 | I | HRG 2009 Irrevocable Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On September 21, 2018, pursuant to a plan of disposition adopted on March 15, 2018 in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934 (the "10b5-1 Plan"), HRG 2009 Irrevocable Trust (the "Trust") sold 24,061 shares in multiple trades at prices ranging from $31.57 to $32.56. The price reported above reflects the weighted average sale price. The Trust 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 250,000 shares may be sold in the aggregate under the 10b5-1 Plan, which terminates no later than May 21, 2019, regardless of whether the maximum of 250,000 shares in the aggregate have been sold.
- F2Mr. Greenfield may be deemed to have shared voting and investment power with respect to all of the shares of common stock and shared voting power but no investment power with respect to all of the shares of restricted stock held by the Trust. As such, Mr. Greenfield may be deemed to beneficially own all of the shares held by the Trust; however, Mr. Greenfield disclaims beneficial ownership of the shares held by the Trust except to the extent of his pecuniary interest therein.
- F3On September 21, 2018, pursuant to the 10b5-1 Plan, the Trust sold 25,939 shares in multiple trades at prices ranging from $32.57 to $33.01. The price reported above reflects the weighted average sale price. The Trust 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 250,000 shares may be sold in the aggregate under the 10b5-1 Plan, which terminates no later than May 21, 2019, regardless of whether the maximum of 250,000 shares in the aggregate have been sold.