4//SEC Filing
Rizkallah Juliette 4
Accession 0001209191-20-042300
CIK 0001627857other
Filed
Jul 12, 8:00 PM ET
Accepted
Jul 13, 4:57 PM ET
Size
10.4 KB
Accession
0001209191-20-042300
Insider Transaction Report
Form 4
Rizkallah Juliette
Chief Marketing Officer
Transactions
- Exercise/Conversion
Stock Option (right to buy)
2020-07-10−5,500→ 68,350 totalExercise: $2.42Exp: 2025-08-18→ Common Stock (5,500 underlying) - Sale
Common Stock
2020-07-10$28.60/sh−5,500$157,289→ 52,093 total - Exercise/Conversion
Common Stock
2020-07-10$2.42/sh+5,500$13,310→ 57,593 total
Footnotes (3)
- [F1]The exercise and sale reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 5, 2020 (the "10b5-1 Plan"). No more than 84,425 shares may be sold in the aggregate under the 10b5-1 Plan, which terminates no later than March 31, 2021, regardless of whether the maximum of 84,425 shares in the aggregate have been sold.
- [F2]Ms. Rizkallah sold 5,500 shares in multiple trades at prices ranging from $28.32 to $28.73 per share. The price reported above reflects the weighted average sale price. Ms. Rizkallah hereby undertakes to provide to the Securities and Exchange Commission staff, the issuer or any security holder of the issuer, upon request, full information regarding the number of shares and prices at which the transaction was effected.
- [F3]Stock option granted on August 19, 2015, which fully vested as follows: (a) as to 37,840 shares, 25% of which vested on August 19, 2016 and then the remaining of which vested in equal installments on a monthly basis over the 36-month period following August 19, 2016, and (b) as to the remaining 60,000 shares, (i) a number of which vested on January 15 of the calendar year following the year in which the grant date occurred ("First Annual Vest Date") equal to the total number of such shares multiplied by the number of days between the grant date and January 1 of the calendar year following the year in which the grant date occurred and divided by 1,460; (ii) 75% of which vested in equal installments on each of the first, second and third anniversaries of the First Annual Vest Date; and (iii) the remaining of which vested on the 15th day of the calendar month following the month in which the fourth anniversary of the grant date occured.
Documents
Issuer
Sailpoint Technologies Holdings, Inc.
CIK 0001627857
Entity typeother
Related Parties
1- filerCIK 0001767104
Filing Metadata
- Form type
- 4
- Filed
- Jul 12, 8:00 PM ET
- Accepted
- Jul 13, 4:57 PM ET
- Size
- 10.4 KB