Mark D. McClain - May 28, 2021 Form 4 Insider Report for Sailpoint Technologies Holdings, Inc. (SAIL)

Role: CEO and President, Director
Signature: /s/ Christopher G. Schmitt, attorney-in-fact
Stock symbol: SAIL
Transactions as of: May 28, 2021
Transactions value $: -$210,641
Form type: 4
Date filed: 6/2/2021, 05:21 PM
Previous filing: May 18, 2021
Next filing: Jun 17, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SAIL	Common Stock	Tax liability	-$134K	-2.87K	-0.28%	$46.53	1.02M	May 28, 2021	Direct
transaction	SAIL	Common Stock	Tax liability	-$77.1K	-1.66K	-0.16%	$46.53	1.02M	May 28, 2021	Direct
holding	SAIL	Common Stock						391K	May 28, 2021	By McClain Charitable Remainder Unitrust	F1
holding	SAIL	Common Stock						32K	May 28, 2021	By McClain RHD 2015 Trust	F2
holding	SAIL	Common Stock						32K	May 28, 2021	By McClain ADM 2015 Trust	F2
holding	SAIL	Common Stock						32K	May 28, 2021	By McClain GMM 2015 Trust	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Mr. McClain is a co-trustee for 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.
F2	Mr. McClain is a co-trustee for each of the McClain RHD 2015 Trust (the "RHD Trust"), McClain ADM 2015 Trust (the "ADM Trust") and McClain GMM 2015 Trust (the "GMM Trust", and together with the RHD Trust and the ADM Trust, 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.

Content

Mr. McClain is a co-trustee for 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.

Mr. McClain is a co-trustee for each of the McClain RHD 2015 Trust (the "RHD Trust"), McClain ADM 2015 Trust (the "ADM Trust") and McClain GMM 2015 Trust (the "GMM Trust", and together with the RHD Trust and the ADM Trust, 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.