David W. Rowe - Aug 6, 2022 Form 4 Insider Report for Rimini Street, Inc. (RMNI)

Role: EVP, Global Transformation
Signature: /s/ Celeste Rasmussen Peiffer, as Attorney-in-Fact
Stock symbol: RMNI
Transactions as of: Aug 6, 2022
Transactions value $: -$34,036
Form type: 4
Date filed: 8/9/2022, 06:52 PM
Previous filing: Aug 8, 2022
Next filing: Feb 7, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	RMNI	Common Stock	Options Exercise	$0	+16.7K	+5.31%	$0.00	330K	Aug 6, 2022	Direct
transaction	RMNI	Common Stock	Sale	-$34K	-6.1K	-1.85%	$5.58	324K	Aug 9, 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	-16.7K	-100%	$0.00^*	0	Aug 6, 2022	Common Stock	16.7K		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.