Kevin Maddock - 23 Feb 2023 Form 4 Insider Report for Rimini Street, Inc. (RMNI)

Role: EVP,ChiefRecurringRev.Officer
Signature: /s/ Celeste Rasmussen Peiffer, as Attorney-in-Fact
Issuer symbol: RMNI
Transactions as of: 23 Feb 2023
Net transactions value: -$15,486
Form type: 4
Filing time: 27 Feb 2023, 19:02:52 UTC
Previous filing: 07 Feb 2023
Next filing: 07 Mar 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	+14%	$0.000000	69,025	23 Feb 2023	Direct
transaction	RMNI	Common Stock	Sale	$15,486	-3,565	-5.2%	$4.34	65,460	23 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 Unit	Options Exercise	$0	-8,333	-50%	$0.000000	8,334	23 Feb 2023	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 February 23, 2021, the Reporting Person was granted 25,000 Restricted Stock Units, one-third of which vested on February 23, 2022 and one-third of which vested on February 23, 2023. The remaining one-third vests on February 23, 2024, subject to the Reporting Person's continued service as an employee of the Issuer through the vesting date.