Seth A. Ravin - Mar 3, 2023 Form 4 Insider Report for Rimini Street, Inc. (RMNI)

Role: CEO & Chairman of the Board, Director, 10%+ Owner
Signature: /s/ by Celeste R. Peiffer, as Attorney-in-Fact
Stock symbol: RMNI
Transactions as of: Mar 3, 2023
Transactions value $: $0
Form type: 4
Date filed: 3/7/2023, 04:03 PM
Previous filing: Feb 3, 2023
Next filing: Mar 10, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	RMNI	Common Stock						11.3M	Mar 3, 2023	Through the SAR Trust
holding	RMNI	Common Stock						155K	Mar 3, 2023	Direct

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)	Award	$0	+20K		$0.00	20K	Mar 3, 2023	Common Stock	20K	$5.06	Direct	F1
transaction	RMNI	Restricted Stock Units	Award	$0	+20K		$0.00	20K	Mar 3, 2023	Common Stock	20K		Direct	F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The stock option award will vest ratably in three (3) annual installments on March 3, 2024, March 3, 2025 and March 3, 2026, provided that the Reporting Person remains employed by the Issuer (or a member of the Issuer's Board of Directors) through the applicable vesting date.
F2	Each Restricted Stock Unit represents a contingent right to receive one share of the Issuer's Common Stock upon vesting.
F3	The restricted stock units will vest ratably in three (3) annual installments on March 3, 2024, March 3, 2025 and March 3, 2026, provided that the Reporting Person remains employed by the Issuer (or a member of the Issuer's Board of Directors) through the applicable vesting date.