MCCALLUM KATRINKA - 31 May 2022 Form 4 Insider Report for Rimini Street, Inc. (RMNI)

Role: Director
Signature: /s/ By: Celeste Rasmussen Peiffer, as Attorney-in-Fact
Issuer symbol: RMNI
Transactions as of: 31 May 2022
Net transactions value: $0
Form type: 4
Filing time: 02 Jun 2022, 20:36:41 UTC
Previous filing: 26 May 2022
Next filing: 19 May 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	RMNI	Common Stock	Options Exercise	$0	+15,307		$0.000000	15,307	31 May 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 Unit	Options Exercise	$0	-15,307	-50%	$0.000000	15,307	31 May 2022	Common Stock	15,307		Direct	F1, F2

* 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 October 1, 2021, the Reporting Person was awarded 30,614 Restricted Stock Units, 50% of which vested on May 31, 2022, the day before the date of the Issuer's 2022 Annual Meeting of Stockholders. The remainder shall vest and settle into shares of the Issuer's common stock upon the earlier to occur of the two-year anniversary of the grant date or the day before the date of the Issuer's second Annual Meeting of Stockholders occurring after the grant date (subject to the Reporting Person's continuous service as a member of the Issuer's Board of Directors through the vesting date).

Content

Each Restricted Stock Unit represents a contingent right to receive one share of the Issuer's common stock upon vesting.

On October 1, 2021, the Reporting Person was awarded 30,614 Restricted Stock Units, 50% of which vested on May 31, 2022, the day before the date of the Issuer's 2022 Annual Meeting of Stockholders. The remainder shall vest and settle into shares of the Issuer's common stock upon the earlier to occur of the two-year anniversary of the grant date or the day before the date of the Issuer's second Annual Meeting of Stockholders occurring after the grant date (subject to the Reporting Person's continuous service as a member of the Issuer's Board of Directors through the vesting date).