0001627857-22-000090.txt : 20220816
0001627857-22-000090.hdr.sgml : 20220816
20220816173601
ACCESSION NUMBER: 0001627857-22-000090
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20220816
FILED AS OF DATE: 20220816
DATE AS OF CHANGE: 20220816
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Ramakrishna Sudhakar
CENTRAL INDEX KEY: 0001504970
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38297
FILM NUMBER: 221171277
MAIL ADDRESS:
STREET 1: 4750 WILLOW RD.
CITY: PLEASANTON
STATE: CA
ZIP: 94588
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Sailpoint Technologies Holdings, Inc.
CENTRAL INDEX KEY: 0001627857
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372]
IRS NUMBER: 471628077
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 11120 FOUR POINTS DRIVE
STREET 2: SUITE 100
CITY: AUSTIN
STATE: TX
ZIP: 78726
BUSINESS PHONE: (512) 346-2000
MAIL ADDRESS:
STREET 1: 11120 FOUR POINTS DRIVE
STREET 2: SUITE 100
CITY: AUSTIN
STATE: TX
ZIP: 78726
4
1
wf-form4_166068574649505.xml
FORM 4
X0306
4
2022-08-16
1
0001627857
Sailpoint Technologies Holdings, Inc.
SAIL
0001504970
Ramakrishna Sudhakar
C/O SAILPOINT TECHNOLOGIES HOLDINGS, INC
11120 FOUR POINTS DRIVE, SUITE 100
AUSTIN
TX
78726
1
0
0
0
Common Stock
2022-08-16
4
D
0
6517
0
D
0
D
Pursuant to the Agreement and Plan of Merger, dated April 10, 2022 (the Merger Agreement), by and among SailPoint Technologies Holdings, Inc. (Issuer), SailPoint Intermediate Holdings III, LP (f/k/a Project Hotel California Holdings, LP) (Parent) and Project Hotel California Merger Sub, Inc. (Merger Sub), on August 16, 2022, Merger Sub merged with and into Issuer, with Issuer surviving the merger as a wholly-owned subsidiary of Parent (such merger and the other transactions contemplated by the Merger Agreement, the Merger). At the effective time of the Merger, each then outstanding share of Issuer common stock was cancelled and extinguished and automatically converted into the right to receive an amount in cash equal to $65.25, without interest thereon and less any applicable withholding taxes.
These shares include restricted stock units. At the Effective Time, each restricted stock unit award in respect of shares of Issuer common stock (RSU) that was outstanding as of immediately prior to the Effective Time and held by a non-employee member of the Board of Directors as of the Effective Time (Vested RSU) was automatically cancelled and converted into the right to receive an amount in cash, without interest, equal to $65.25 multiplied by the total number of shares of such Vested RSU, subject to any required withholding of taxes.
/s/ Ryan Clyde, attorney-in-fact
2022-08-16