MCCALLUM KATRINKA - 01 Oct 2021 Form 4 Insider Report for Rimini Street, Inc. (RMNI)

Role
Director
Signature
/s/ By: Celeste Rasmussen Peiffer, as Attorney-in-Fact
Issuer symbol
RMNI
Transactions as of
01 Oct 2021
Net transactions value
$0
Form type
4
Filing time
04 Oct 2021, 16:56:12 UTC
Previous filing
20 May 2021
Next filing
26 May 2022

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 +30,614 $0.000000 30,614 01 Oct 2021 Common Stock 30,614 Direct F1, F2
* 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 50% of the Restricted Stock Units awarded will vest and settle into shares of the Issuer's common stock upon the earlier to occur of the one-year anniversary of the grant date or the day prior to the Issuer's next annual meeting of stockholders occurring after the grant date, and the remainder shall vest and settle into shares of the Issuer's common stock upon the earlier to occur of the two-year anniversary of the grant date or the day prior to the Issuer's second annual meeting of stockholders occurring after the grant date (subject, in each case, to the Reporting Peron's continuous service as a member of the Issuer's Board of Directors through the applicable vesting date).