10/09/2025 | Press release | Distributed by Public on 10/09/2025 17:37
FORM 4
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) |
4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Payne Abby C/O SAILPOINT, INC. 11120 FOUR POINTS DR., SUITE 100 AUSTIN, TX 78726 |
Chief People Officer |
/s/ Ryan Clyde, attorney-in-fact | 10/09/2025 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | These trades were executed pursuant to a mandatory sell-to-cover provision in the Reporting Person's underlying Restricted Stock Unit Agreement for the satisfaction of tax withholding obligations in connection with the vesting of restricted stock units and consequently do not represent discretionary trades by the Reporting Person. |
(2) | On October 7, 2025, the Reporting Person sold 16,115 shares in multiple trades at prices ranging from $21.815 to $22.81 per share. |
(3) | The price reported above reflects the weighted average sale price. The Reporting Person 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 trades were effected. |
(4) | On October 7, 2025, the Reporting Person sold 9,916 shares in multiple trades at prices ranging from $22.84 to $23.755 per share. |
(5) | On October 8, 2025, the Reporting Person sold 21,581 shares in multiple trades at prices ranging from $21.79 to $22.785 per share. |
(6) | On October 8, 2025, the Reporting Person sold 4,979 shares in multiple trades at prices ranging from $22.79 to $23.09 per share. |
(7) | On October 9, 2025, the Reporting Person sold 31,481 shares in multiple trades at prices ranging from $21.85 to $22.82 per share. |
(8) | The Reporting Person is a trustee for each of Abigail McKenzie Goode Trust, Abigail Payne 2024 GST Trust, and Madeleine C. Payne GST Trust (together, the "Trusts"). The beneficiary of each of the Trusts is the Reporting Person or an immediate family member of the Reporting Person. As such, the Reporting Person may be deemed to beneficially own all of the shares held by the Trusts; however, the Reporting Person disclaims beneficial ownership of the shares held by the Trusts except to the extent of her pecuniary interest therein. |