Brian Slepko - 30 Nov 2021 Form 4 Insider Report for Rimini Street, Inc. (RMNI)

Role
EVP, Global Service Delivery
Signature
/s/ Celeste Rasmussen Peiffer, as Attorney-in-Fact
Issuer symbol
RMNI
Transactions as of
30 Nov 2021
Net transactions value
-$568,498
Form type
4
Filing time
02 Dec 2021, 19:38:06 UTC
Previous filing
10 Aug 2021
Next filing
23 Dec 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RMNI Common Stock Options Exercise $32,249 +26,996 +4.2% $1.19 667,289 30 Nov 2021 Direct
transaction RMNI Common Stock Sale $179,145 -26,996 -4% $6.64 640,293 30 Nov 2021 Direct F1
transaction RMNI Common Stock Options Exercise $59,730 +50,000 +7.8% $1.19 690,293 01 Dec 2021 Direct
transaction RMNI Common Stock Sale $325,900 -50,000 -7.2% $6.52 640,293 01 Dec 2021 Direct F2
transaction RMNI Common Stock Options Exercise $37,022 +30,991 +4.8% $1.19 671,284 02 Dec 2021 Direct
transaction RMNI Common Stock Sale $192,454 -30,991 -4.6% $6.21 640,293 02 Dec 2021 Direct F3

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 Employee Stock Option (Right to Buy) Options Exercise $0 -26,996 -25% $0.000000 80,991 30 Nov 2021 Common Stock 26,996 $1.19 Direct F4
transaction RMNI Employee Stock Option (Right to Buy) Options Exercise $0 -50,000 -62% $0.000000 30,991 01 Dec 2021 Common Stock 50,000 $1.19 Direct F4
transaction RMNI Employee Stock Option (Right to Buy) Options Exercise $0 -30,991 -100% $0.000000* 0 02 Dec 2021 Common Stock 30,991 $1.19 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.595 to $6.6975, inclusive. The Reporting Person undertakes to provide to Rimini Street, Inc., any security holder of Rimini Street, Inc., or the staff of the United States Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote of this Form 4.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.35 to $6.71, inclusive. The Reporting Person undertakes to provide to Rimini Street, Inc., any security holder of Rimini Street, Inc., or the staff of the United States Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote of this Form 4.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.13 to $6.30, inclusive. The Reporting Person undertakes to provide to Rimini Street, Inc., any security holder of Rimini Street, Inc., or the staff of the United States Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote of this Form 4.
F4 The shares subject to the option are fully-vested and exercisable.