Sec Form 3 Filing - THOMA BRAVO UGP, LLC @ SailPoint, Inc. - 2025-02-13

Insider filing report for Changes in Beneficial Ownership
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FORM 3
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
THOMA BRAVO UGP, LLC
2. Issuer Name and Ticker or Trading Symbol
SailPoint, Inc. [ SAIL]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director X __ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
C/O THOMA BRAVO, L.P., 110 N. WACKER DRIVE, 32ND FLOOR
3. Date of Earliest Transaction (MM/DD/YY)
02/13/2025
(Street)
CHICAGO, IL60606
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
_____ Form filed by One Reporting Person
__ X __ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 482,342,514 ( 1 ) ( 2 ) I See footnote ( 3 )
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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
(MM/DD/YY)
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
THOMA BRAVO UGP, LLC
C/O THOMA BRAVO, L.P.
110 N. WACKER DRIVE, 32ND FLOOR
CHICAGO, IL60606
X
THOMA BRAVO CO-INVEST OPPORTUNITIES XV-3, L.P.
110 N. WACKER DRIVE, 32ND FLOOR
CHICAGO, IL60606
X
PROJECT QUAIL OPPORTUNITIES, L.P.
110 N. WACKER DRIVE, 32ND FLOOR
CHICAGO, IL60606
X
Signatures
/s/ Seth Boro, Authorized Signatory 02/13/2025
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Consists of (i) 534,724 shares held directly by Thoma Bravo Executive Fund XIII, L.P. ("TB Exec Fund XIII"), (ii) 28,207,354 shares held directly by Thoma Bravo Fund XIII, L.P. ("TB Fund XIII"), (iii) 32,070,471 shares held directly by Thoma Bravo Fund XIII-A, L.P. ("TB Fund XIII-A"), (iv) 894,617 shares held directly by Thoma Bravo Executive Fund XV, L.P. ("TB Exec Fund XV"), (v) 92,805,752 shares held directly by Thoma Bravo Fund XV, L.P. ("TB Fund XV"), (vi) 163,299,537 shares held directly by Thoma Bravo Fund XV-A, L.P. ("TB Fund XV-A"), (vii) 34,465 shares held directly by Thoma Bravo Employee Fund, L.P. ("TB Employee Fund"),
( 2 )(continued from footnote 1) (viii) 152,881,261 shares held directly by Project Hotel California Co-Invest Fund, L.P. ("TB Co-Invest Fund"), (ix) 2,114,350 shares held directly by Thoma Bravo Co-Invest Opportunities XV-1, L.P. ("TB Co-Invest XV-1 Fund"), (x) 1,122,828 shares held directly by Thoma Bravo Co-Invest Opportunities XV-3, L.P. ("TB Co-Invest XV-3 Fund"), and (xi) 8,377,155 shares held directly by Project Quail Opportunities, L.P. ("TB Quail Fund" and, together with TB Exec Fund XIII, TB Fund XIII, TB Fund XIII-A, TB Exec Fund XV, TB Fund XV, TB Fund XV-A, TB Employee Fund, TB Co-Invest Fund, TB Co-Invest XV-1 Fund and TB Co-Invest XV-3 Fund, the "Thoma Bravo Funds").
( 3 )Thoma Bravo UGP, LLC ("Thoma Bravo UGP") is the ultimate general partner of the Thoma Bravo Funds and may be deemed to beneficially own shares of common stock of SailPoint, Inc. ("Common Stock") directly held by the Thoma Bravo Funds. Thoma Bravo UGP disclaims beneficial ownership of the shares of Common Stock directly held by the Thoma Bravo Funds except to the extent of its pecuniary interest therein.

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