Michael L. Perica - 13 Dec 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
Issuer symbol: RMNI
Transactions as of: 13 Dec 2022
Net transactions value: -$13,659
Form type: 4
Filing time: 15 Dec 2022, 16:30:19 UTC
Previous filing: 04 Oct 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	+8,333	+15%	$0.000000	65,478	13 Dec 2022	Direct
transaction	RMNI	Common Stock	Sale	$13,659	-3,351	-5.1%	$4.08	62,127	13 Dec 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	-8,333	-33%	$0.000000	16,667	13 Dec 2022	Common Stock	8,333		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 December 13, 2021, the Reporting Person was granted 25,000 Restricted Stock Units, one-third of which vested on December 13, 2022. The remaining two-thirds vest ratably on December 13, 2023 and December 13, 2024, subject to the Reporting Person's continued service as an employee of the Issuer through the applicable vesting date.