Eric Domagalski - Apr 28, 2021 Form 4 Insider Report for Sailpoint Technologies Holdings, Inc. (SAIL)

Role: Chief Accounting Officer
Signature: /s/ Christopher G. Schmitt, attorney-in-fact
Stock symbol: SAIL
Transactions as of: Apr 28, 2021
Transactions value $: -$94,589
Form type: 4
Date filed: 8/24/2021, 06:01 PM
Next filing: Jun 2, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SAIL	Common Stock	Award	$0	+5.78K	+25.61%	$0.00	28.4K	Apr 28, 2021	Direct	F1
transaction	SAIL	Common Stock	Tax liability	-$22.4K	-520	-1.83%	$43.09	27.8K	Aug 20, 2021	Direct
transaction	SAIL	Common Stock	Sale	-$72.2K	-1.61K	-5.8%	$44.75	26.2K	Aug 24, 2021	Direct	F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	SAIL	Stock Option (right to buy)	Award	$0	+6.23K		$0.00	6.23K	Apr 28, 2021	Common Stock	6.23K	$50.53	Direct	F1, F3

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

Explanation of Responses:

Id	Content
F1	The April 28, 2021 awards were inadvertently not timely reported.
F2	On August 24, 2021, pursuant to a plan of disposition adopted on May 19, 2021 in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934 (the "10b5-1 Plan"), Mr. Domagalski sold 1,613 shares in a single trade at a price of $44.75 per share. No more than 9,014 shares may be sold in the aggregate under the 10b5-1 Plan, which terminates no later than March 31, 2022, regardless of whether the maximum of 9,014 shares in the aggregate have been sold.
F3	Stock options granted on April 28, 2021, 25% of which vest on the first anniversary of the date of grant and then 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.