Michael L. Perica - 03 Aug 2021 Form 4 Insider Report for Rimini Street, Inc. (RMNI)

Signature
/s/Celeste Rasmussen Peiffer, as Attorney-in-Fact
Issuer symbol
RMNI
Transactions as of
03 Aug 2021
Net transactions value
$0
Form type
4
Filing time
05 Aug 2021, 20:29:15 UTC
Next filing
04 Oct 2021

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction RMNI Restricted Stock Unit Award $0 +15,000 $0.000000 15,000 03 Aug 2021 Common Stock 15,000 Direct F1, F2
transaction RMNI Employee Stock Option (Right to Buy) Award $0 +15,000 $0.000000 15,000 03 Aug 2021 Common Stock 15,000 $8.59 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit represents a contingent right to receive one share of the Issuer's Common Stock upon vesting.
F2 The Restricted Stock Units will vest in three (3) equal annual installments on August 3, 2022, August 3, 2023 and August 3, 2024 subject to the Reporting Person's continued service to the Issuer through the applicable vesting date.
F3 The stock option award will vest in three (3) equal annual installments on August 3, 2022, August 3, 2023 and August 3, 2024 subject to the Reporting Person's continued service to the Issuer through the applicable vesting date.