Statement of Changes in Beneficial Ownership (4)
February 14 2022 - 6:56PM
Edgar (US Regulatory)
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
|
OMB APPROVAL
OMB Number:
3235-0287
Estimated average burden hours per response...
0.5
|
|
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
*
McClain Mark D. |
2. Issuer Name and Ticker or Trading Symbol
Sailpoint Technologies Holdings, Inc.
[
SAIL
]
|
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) CEO and President |
(Last)
(First)
(Middle)
11120 FOUR POINTS DRIVE,, SUITE 100 |
3. Date of Earliest Transaction
(MM/DD/YYYY)
2/10/2022 |
(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 | 2/10/2022 | | A | | 110116 | A | $0 | 779268 | D | |
Common Stock | | | | | | | | 265994 | I | By McClain Charitable Remainder Unitrust (1) |
Common Stock | | | | | | | | 48000 | I | By McClain RHD 2015 Trust (2) |
Common Stock | | | | | | | | 48000 | I | By McClain ADM 2015 Trust (2) |
Common Stock | | | | | | | | 48000 | I | By McClain GMM 2015 Trust (2) |
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 Security | 3. Trans. Date | 3A. Deemed Execution Date, if any | 4. 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 Date | 7. 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) |
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Stock Option (right to buy) | $39.75 | 2/10/2022 | | A | | 118586 | | (3) | 2/10/2032 | Common Stock | 118586.0 | $0 | 118586 | D | |
Explanation of Responses: |
(1) | 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. |
(2) | 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 |
(3) | 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 |
Reporting Owners
|
Reporting Owner Name / Address | Relationships |
Director | 10% Owner | Officer | Other |
McClain Mark D. 11120 FOUR POINTS DRIVE, SUITE 100 AUSTIN, TX 78726 | X |
| CEO and President |
|
Signatures
|
/s/ Ryan Clyde, attorney-in-fact | | 2/14/2022 |
**Signature of Reporting Person | Date |
SailPoint Technologies (NYSE:SAIL)
Historical Stock Chart
From Jun 2024 to Jul 2024
SailPoint Technologies (NYSE:SAIL)
Historical Stock Chart
From Jul 2023 to Jul 2024