Michael L. Perica - Oct 1, 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
Stock symbol: RMNI
Transactions as of: Oct 1, 2022
Transactions value $: -$66,002
Form type: 4
Date filed: 10/4/2022, 06:43 PM
Previous filing: Aug 5, 2022
Next filing: Dec 15, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	RMNI	Common Stock	Options Exercise	$0	+33.3K	+89.65%	$0.00	70.5K	Oct 1, 2022	Direct
transaction	RMNI	Common Stock	Sale	-$66K	-13.4K	-18.96%	$4.94	57.1K	Oct 1, 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	-33.3K	-50%	$0.00	33.3K	Oct 1, 2022	Common Stock	33.3K		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 October 1, 2020, the Reporting Person was granted 100,000 Restricted Stock Units, one-third of which vested on October 1, 2021 and one-third of which vested on October 1, 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.