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

Role
Chief Operating Officer
Signature
/s/ By: 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, 15:17:43 UTC
Previous filing
15 Dec 2021
Next filing
07 Jun 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 82,078 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 Employee Stock Options (Right to Buy) Award $0 +20,000 $0.000000 20,000 03 Feb 2022 Common Stock 20,000 $4.66 Direct F1
transaction RMNI Restricted Stock Units Award $0 +60,000 $0.000000 60,000 03 Feb 2022 Common Stock 60,000 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 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.
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 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.