FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Mills Matt
2. Issuer Name and Ticker or Trading Symbol

Sailpoint Technologies Holdings, Inc. [ SAIL ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
Chief Revenue Officer
(Last)          (First)          (Middle)

11120 FOUR POINTS DRIVE, SUITE 100
3. Date of Earliest Transaction (MM/DD/YYYY)

10/9/2020
(Street)

AUSTIN, TX 78726
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 10/9/2020  S  14018 D$44.6302 (1)102769 D  
Common Stock 10/9/2020  S  99 D$45.38 (2)102670 D  

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares

Explanation of Responses:
(1) On October 9, 2020, pursuant to a plan of disposition adopted on September 9, 2020 in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934 (the "10b5-1 Plan"), Mr, Mills sold 14,018 shares in multiple trades at prices ranging from $44.30 to $45.18 per share. The price reported above reflects the weighted average sale price. Mr. Mills 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 50,286 shares (less any number of shares withheld to satisfy tax obligations in connection with relevant vesting events) may be sold in the aggregate under the 10b5-1 Plan, which terminates no later than October 5, 2021, regardless of whether the maximum number of shares subject to the 10b5-1 Plan have been sold.
(2) On October 9, 2020, pursuant to the 10b5-1 Plan, Mr, Mills sold 99 shares in a single trade at a price of $45.38 per share. No more than 50,286 shares (less any number of shares withheld to satisfy tax obligations in connection with relevant vesting events) may be sold in the aggregate under the 10b5-1 Plan, which terminates no later than October 5, 2021, regardless of whether the maximum number of shares subject to the 10b5-1 Plan have been sold.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Mills Matt
11120 FOUR POINTS DRIVE
SUITE 100
AUSTIN, TX 78726


Chief Revenue Officer

Signatures
/s/ Christopher G. Schmitt, attorney-in-fact10/13/2020
**Signature of Reporting PersonDate

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