Kevin Maddock - 04 Aug 2022 Form 4 Insider Report for Rimini Street, Inc. (RMNI)

Role: EVP,ChiefRecurringRev.Officer
Signature: /s/ Celeste Rasmussen Peiffer, as Attorney-in-Fact
Issuer symbol: RMNI
Transactions as of: 04 Aug 2022
Net transactions value: -$36,506
Form type: 4
Filing time: 08 Aug 2022, 16:14:12 UTC
Previous filing: 04 Aug 2022
Next filing: 09 Aug 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	+16,666	+53%	$0.000000	48,102	04 Aug 2022	Direct
transaction	RMNI	Common Stock	Sale	$36,506	-6,266	-13%	$5.83	41,836	04 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	Restricted Stock Unit	Options Exercise	$0	-16,666	-50%	$0.000000	16,668	04 Aug 2022	Common Stock	16,666		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 August 4, 2020, the Reporting Person was granted 50,000 Restricted Stock Units, one-third of which vested on August 4, 2021 and one-third of which vested on August 4, 2022. The remaining one-third will vest on August 4, 2023, subject to the Reporting Person's continued service as an employee of the Issuer through the vesting date.