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McClain Mark D.'s Form 4 filing

Sailpoint Technologies Holdings, Inc. · filed Dec 17, 2021

Accession no.
0001627857-21-000136
Filed
Dec 17, 2021
Trade date
Dec 7-15, 2021
Filing delay
10 daysLate
Rule 10b5-1 plan
Not on the form (before 2023)

This filing lists 9 non-derivative transactions. Open-market sales total $1.39M. It was filed 10 days after the trade, past the 2-business-day deadline.

Reporting owners

A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.

Reporting owners on this filing
OwnerRelationship to the company
McClain Mark D.CIK 0001722498Director, Officer (CEO and President)

Non-derivative securities (Table I)

Acquisitions and disposals of common stock and similar shares, one row per line on the filing.

Non-derivative transactions
Trade dateSecurityTransactionSharesPriceValueShares afterOwnershipFlags
Dec 7, 2021Common StockGGiftDisposed−20,000$0.00$0839,152Direct
Dec 7, 2021Common StockGGiftDisposed−20,000$0.00$0819,152Direct
Dec 7, 2021Common StockGGiftDisposed−20,000$0.00$0799,152Direct
Dec 7, 2021Common StockGGiftAcquired+20,000$0.00$048,000Indirect
Dec 7, 2021Common StockGGiftAcquired+20,000$0.00$048,000Indirect
Dec 7, 2021Common StockGGiftAcquired+20,000$0.00$048,000Indirect
Dec 15, 2021Common StockGGiftDisposed−80,000$0.00$0719,152Direct
Dec 15, 2021Common StockSSaleDisposed−25,000$46.44F4−$1,161,000694,152Direct
Dec 15, 2021Common StockSSaleDisposed−5,000$46.44F5−$232,200280,994Indirect

Footnotes and remarks

Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.

F4

On December 15, 2021, pursuant to a plan of disposition adopted by Mr. McClain on May 23, 2021 in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934 (the "10b5-1 Plan"), Mr. McClain sold 25,000 shares in a single trade at a price of $46.44 per share. No more than 300,000 shares may be sold in the aggregate under the 10b5-1 Plan, which terminates no later than July 15, 2022, regardless of whether the maximum of 300,000 shares in the aggregate have been sold.

Referenced by the price of 1 transaction in Table I.

F5

On December 15, 2021, pursuant to a plan of disposition adopted by the McClain Charitable Remainder Unitrust (the "Unitrust") on May 23, 2021 in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934 (the "Unitrust 10b5-1 Plan"), the Unitrust sold 5,000 shares in a single trade at a price of $46.44 per share. No more than 100,000 shares may be sold in the aggregate under the Unitrust 10b5-1 Plan, which terminates no later than July 15, 2022, regardless of whether the maximum of 100,000 shares in the aggregate have been sold.

Referenced by the price of 1 transaction in Table I.

Read the full filing on SEC EDGAR (opens in a new tab)