Steven Salaets - 03 Feb 2023 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: 03 Feb 2023
Net transactions value: -$14,747
Form type: 4
Filing time: 07 Feb 2023, 18:05:38 UTC
Previous filing: 12 Dec 2022
Next filing: 27 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	+11,666	+7.8%	$0.000000	160,501	03 Feb 2023	Direct
transaction	RMNI	Common Stock	Sale	$14,747	-3,062	-1.9%	$4.82	157,439	03 Feb 2023	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 Units	Options Exercise	$0	-11,666	-33%	$0.000000	23,334	03 Feb 2023	Common Stock	11,666		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 February 3, 2022, the Reporting Person was granted 35,000 Restricted Stock Units, one-third of which vested on February 3, 2023. The remaining two-thirds vest ratably on February 3, 2024 and February 3, 2025, subject to the Reporting Person's continued service as an employee of the Issuer through the applicable vesting date.