AUSTIN, Texas–(BUSINESS WIRE)–SailPoint Technologies Holdings, Inc. announced the pricing of its initial public offering of 20,000,000 shares of its common stock at a public offering price of $12.00 per share. SailPoint is issuing and selling 14,300,000 shares of common stock and the selling stockholders are selling an additional 5,700,000 shares of common stock. SailPoint and certain selling stockholders have granted the underwriters a 30-day option to purchase up to an additional 1,500,000 shares and 1,500,000 shares of common stock, respectively, to cover over-allotments, if any. The shares are expected to begin trading on the New York Stock Exchange on November 17, 2017, under the symbol “SAIL,” and the offering is expected to close on November 21, 2017, subject to customary closing conditions.

Morgan Stanley & Co. LLC, Citigroup Global Markets Inc., Jefferies LLC, and RBC Capital Markets LLC are acting as book-running managers for the offering. KeyBanc Capital Markets Inc., Canaccord Genuity Inc., and Oppenheimer & Co. Inc. are acting as co-managers.