David W. Rowe - 06 Aug 2022 Form 4 Insider Report for Rimini Street, Inc. (RMNI)

Role: EVP, Global Transformation
Signature: /s/ Celeste Rasmussen Peiffer, as Attorney-in-Fact
Issuer symbol: RMNI
Transactions as of: 06 Aug 2022
Net transactions value: -$34,036
Form type: 4
Filing time: 09 Aug 2022, 18:52:28 UTC
Previous filing: 08 Aug 2022
Next filing: 07 Feb 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	+16,668	+5.3%	$0.000000	330,428	06 Aug 2022	Direct
transaction	RMNI	Common Stock	Sale	$34,036	-6,104	-1.8%	$5.58	324,324	09 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	-16,668	-100%	$0.000000^*	0	06 Aug 2022	Common Stock	16,668		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 6, 2019, the Reporting Person was granted 50,000 Restricted Stock Units, one-third of which vested on August 6, 2020, one-third of which vested on August 6, 2021 and one third of which vested on August 6, 2022, subject to the Reporting Person's continued service as an employee of the Issuer through the applicable vesting date.