Gerard Brossard - 03 Jun 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 Jun 2022
Net transactions value: -$156,796
Form type: 4
Filing time: 07 Jun 2022, 16:57:25 UTC
Previous filing: 04 Feb 2022
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	+66,666	+81%	$0.000000	148,744	03 Jun 2022	Direct
transaction	RMNI	Common Stock	Sale	$156,796	-23,696	-16%	$6.62	125,048	03 Jun 2022	Direct	F1

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	-66,666	-50%	$0.000000	66,668	03 Jun 2022	Common Stock	66,666		Direct	F2, F3

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

Explanation of Responses:

Id	Content
F1	Reported transaction is an automatically-triggered "sell-to-cover" transaction related to the payment of withholding tax obligations pursuant to the Issuer's policy for tax withholdings associated with Restricted Stock Unit vesting events.
F2	Each Restricted Stock Unit represents a contingent right to receive one share of the Issuer's Common Stock upon vesting.
F3	On June 3, 2020, the Reporting Person was granted 200,000 Restricted Stock Units, one-third of which vested on June 3, 2021 and one-third of which vested on June 3, 2022. The remaining one-third will vest on June 3, 2023, subject to the Reporting Person's continued service as an employee of the Issuer through the vesting date.