Steven Salaets - 08 Dec 2022 Form 4 Insider Report for Rimini Street, Inc. (RMNI)

Role
CIO, EVP Glob. Shared Services
Signature
/s/ By: Celeste Rasmussen Peiffer, as Attorney-in-Fact
Issuer symbol
RMNI
Transactions as of
08 Dec 2022
Net transactions value
-$82,970
Form type
4
Filing time
12 Dec 2022, 16:34:06 UTC
Previous filing
09 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 $21,232 +16,459 +11% $1.29 165,294 08 Dec 2022 Direct
transaction RMNI Common Stock Sale $61,705 -16,459 -10% $3.75 148,835 08 Dec 2022 Direct F1
transaction RMNI Common Stock Options Exercise $21,232 +16,459 +11% $1.29 165,294 09 Dec 2022 Direct
transaction RMNI Common Stock Sale $63,729 -16,459 -10% $3.87 148,835 09 Dec 2022 Direct F2

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 Employee Stock Option (Right to Buy) Options Exercise $0 -16,459 -50% $0.000000 16,459 08 Dec 2022 Common Stock 16,459 $1.29 Direct F3
transaction RMNI Employee Stock Option (Right to Buy) Options Exercise $0 -16,459 -100% $0.000000* 0 09 Dec 2022 Common Stock 16,459 $1.29 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.74 to $3.765, inclusive. The Reporting Person undertakes to provide to Rimini Street, Inc., any security holder of Rimini Street, Inc., or the staff of the United States Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote of this Form 4.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.80 to $3.961, inclusive. The Reporting Person undertakes to provide to Rimini Street, Inc., any security holder of Rimini Street, Inc., or the staff of the United States Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote of this Form 4.
F3 The shares subject to the option are fully-vested and exercisable.