David W. Rowe - Feb 23, 2023 Form 4 Insider Report for Rimini Street, Inc. (RMNI)

Role: EVP, Global Transformation
Signature: /s/ Celeste Rasmussen Peiffer, as Attorney-in-Fact
Stock symbol: RMNI
Transactions as of: Feb 23, 2023
Transactions value $: -$15,521
Form type: 4
Date filed: 2/27/2023, 07:20 PM
Previous filing: Feb 7, 2023
Next filing: Mar 7, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	RMNI	Common Stock	Options Exercise	$0	+8.33K	+2.53%	$0.00	338K	Feb 23, 2023	Direct
transaction	RMNI	Common Stock	Sale	-$15.5K	-3.57K	-1.06%	$4.34	334K	Feb 23, 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	-8.33K	-50%	$0.00	8.33K	Feb 23, 2023	Common Stock	8.33K		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.