Michael L. Perica - 13 Dec 2021 Form 4 Insider Report for Rimini Street, Inc. (RMNI)

Role: EVP & Chief Financial Officer
Signature: /s/ By: Celeste Rasmussen Peiffer, as Attorney-in-Fact
Issuer symbol: RMNI
Transactions as of: 13 Dec 2021
Net transactions value: $0
Form type: 4
Filing time: 15 Dec 2021, 16:24:09 UTC
Previous filing: 04 Oct 2021
Next filing: 04 Feb 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	RMNI	Common Stock						24,868	13 Dec 2021	Direct

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)	Award	$0	+12,500		$0.000000	12,500	13 Dec 2021	Common Stock	12,500	$5.71	Direct	F1
transaction	RMNI	Restricted Stock Unit	Award	$0	+25,000		$0.000000	25,000	13 Dec 2021	Common Stock	25,000		Direct	F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The stock option award will vest in three (3) equal annual installments on December 13, 2022, December 13, 2023 and December 13, 2024, provided that the Reporting Person remains employed by the Issuer through the applicable vesting date.
F2	Each Restricted Stock Unit represents a contingent right to receive one share of the Issuer's Common Stock upon vesting.
F3	The Restricted Stock Units will vest in three (3) equal annual installments on December 13, 2022, December 13, 2023 and December 13, 2024, provided that the Reporting Person remains employed by the Issuer through the applicable vesting date.