Steven M. Capelli - May 31, 2022 Form 4 Insider Report for Rimini Street, Inc. (RMNI)

Role
Director
Signature
/s/ Celeste Rasmussen Peiffer, as Attorney-in-Fact
Stock symbol
RMNI
Transactions as of
May 31, 2022
Transactions value $
$0
Form type
4
Date filed
6/2/2022, 08:18 PM
Previous filing
Jun 4, 2021
Next filing
Mar 30, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RMNI Common Stock Options Exercise $0 +27.6K +29.33% $0.00 122K May 31, 2022 Direct
holding RMNI Common Stock 100 May 31, 2022 Through the Steven Capelli Living Trust

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 Unit Options Exercise $0 -27.6K -100% $0.00* 0 May 31, 2022 Common Stock 27.6K Direct F1, F2
transaction RMNI Restricted Stock Unit Award $0 +27.5K $0.00 27.5K Jun 1, 2022 Common Stock 27.5K Direct F1, 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 On June 2, 2021, the Reporting Person was awarded 27,565 Restricted Stock Units, 100% of which vested on May 31, 2022, or the day before the date of the Issuer's 2022 Annual Meeting of Stockholders.
F3 100% of the Restricted Stock Units awarded will vest on the earlier to occur of (i) June 1, 2023 or (ii) the day before the date of the Issuer's 2023 Annual Meeting of Stockholders, contingent upon the Reporting Person's continued service as a member of the Issuer's Board of Directors through such date.