David W. Rowe - Dec 6, 2021 Form 4 Insider Report for Rimini Street, Inc. (RMNI)

Signature
/s/ Celeste Rasmussen Peiffer, as Attorney-in-Fact
Stock symbol
RMNI
Transactions as of
Dec 6, 2021
Transactions value $
-$179,963
Form type
4
Date filed
12/7/2021, 03:50 PM
Previous filing
Aug 10, 2021
Next filing
Jan 31, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RMNI Common Stock Options Exercise $35.7K +29.9K +12.82% $1.19 263K Dec 6, 2021 Direct F1
transaction RMNI Common Stock Sale -$180K -29.9K -11.36% $6.03 233K Dec 6, 2021 Direct F2

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 -$35.7K -29.9K -100% $1.20 0 Dec 6, 2021 Common Stock 29.9K $1.19 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The full exercise price is $1.194594 but due to space limitations could not be entered above.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.00 to $6.05, 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 shares subject to the option are fully-vested and exercisable.