Sebastian Grady - 03 Feb 2022 Form 4 Insider Report for Rimini Street, Inc. (RMNI)

Role
President
Signature
/s/ Celeste Rasmussen Peiffer, as Attorney-in-Fact
Issuer symbol
RMNI
Transactions as of
03 Feb 2022
Net transactions value
$0
Form type
4
Filing time
04 Feb 2022, 15:09:55 UTC
Previous filing
10 Aug 2021
Next filing
04 Mar 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 118,385 03 Feb 2022 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 Restricted Stock Units Award $0 +30,000 $0.000000 30,000 03 Feb 2022 Common Stock 30,000 Direct F1, F2
transaction RMNI Employee Stock Option (Right to Buy) Award $0 +5,000 $0.000000 5,000 03 Feb 2022 Common Stock 5,000 $4.66 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 February 3, 2023, February 3, 2024 and February 3, 2025, provided that the Reporting Person remains employed by the Issuer through the applicable vesting date.
F3 The stock option award will vest in three (3) equal annual installments on February 3, 2023, February 3, 2024 and February 3, 2025, provided that the Reporting Person remains employed by the Issuer through the applicable vesting date.