Michael L. Perica - 03 Aug 2022 Form 4 Insider Report for Rimini Street, Inc. (RMNI)

Role: EVP & Chief Financial Officer
Signature: /s/ By: Celeste Rasmussen Peiffer, as Attorney-in-Fact
Issuer symbol: RMNI
Transactions as of: 03 Aug 2022
Net transactions value: -$14,291
Form type: 4
Filing time: 05 Aug 2022, 16:06:49 UTC
Previous filing: 08 Apr 2022
Next filing: 04 Oct 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	+4,999	+15%	$0.000000	39,454	03 Aug 2022	Direct
transaction	RMNI	Common Stock	Sale	$14,291	-2,274	-5.8%	$6.28	37,180	03 Aug 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	Common Stock	Options Exercise	$0	-4,999	-33%	$0.000000	10,001	03 Aug 2022	Common Stock	4,999		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 August 3, 2021, the Reporting Person was granted 15,000 Restricted Stock Units, one-third of which vested ratably on August 3, 2022. The remaining two-thirds vest ratably on August 3, 2023 and August 3, 2024, subject to the Reporting Person's continued service as an employee of the Issuer through the applicable vesting date.