Pflaging James Michael 4
4 · Sailpoint Technologies Holdings, Inc. · Filed Nov 22, 2017
Insider Transaction Report
Form 4
Pflaging James Michael
Director
Transactions
- Award
Common Stock
2017-11-20+8,263→ 8,263 total - Conversion
Common Stock
2017-11-21+22,614→ 172,062 total(indirect: By Trust) - Conversion
Series A Convertible Preferred Stock
2017-11-21−247.5→ 0 total(indirect: By Trust)→ Common Stock (22,614 underlying)
Footnotes (2)
- [F1]Immediately prior to completion of the issuer's initial public offering on November 21, 2017, each share of preferred stock automatically converted into a number of shares of common stock equal to the result of the liquidation value of such share of preferred stock, divided by the initial public offering price per share of common stock of $12.00. The liquidation value for each share of preferred stock was equal to $1,000 plus accrued and unpaid dividends on such share of preferred stock. There was no expiration date.
- [F2]Mr. Pflaging is a co-trustee for the MMJ Living Trust (the "Trust"), the beneficiary of which is an immediate family member of Mr. Pflaging's. As such, Mr. Pflaging may be deemed to beneficially own all of the shares held by the Trust; however, Mr. Pflaging disclaims beneficial ownership of the shares held by the Trust except to the extent of his pecuniary interest therein.