Steven M. Capelli - Mar 28, 2023 Form 4/A - Amendment Insider Report for Rimini Street, Inc. (RMNI)

Role: Director
Signature: /s/ Celeste Rasmussen Peiffer, as Attorney-in-Fact
Stock symbol: RMNI
Transactions as of: Mar 28, 2023
Transactions value $: $0
Form type: 4/A - Amendment
Date filed: 3/30/2023, 04:46 PM
Date Of Original Report: Jun 2, 2022
Previous filing: Jun 2, 2022
Next filing: Jun 8, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	RMNI	Common Stock						122K	Mar 28, 2023	Direct
holding	RMNI	Common Stock						100	Mar 28, 2023	Through the Steven Capelli Living Trust

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	Award	$0	+45.9K		$0.00	45.9K	Mar 28, 2023	Common Stock	45.9K		Direct	F1, F2, F3

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

Explanation of Responses:

Id	Content
F1	Each Restricted Stock Unit represents a contingent right to receive one share of the Issuer's Common Stock upon vesting.
F2	On June 2, 2022, the Reporting Person filed a Form 4 reporting an award of 27,522 Restricted Stock Units effective as of June 1, 2022. Due to Issuer administrative error, the award was not processed. In accordance with the Issuer's Non-Employee Director Compensation Policy, a copy of which is filed as Exhibit 10.9 to the Issuer's Annual Report on Form 10-K for the year ended December 31, 2022, the Reporting Person is entitled to receive an award of Restricted Stock Units (RSUs) with a grant date value of $180,000. This award was processed effective as of March 28, 2023, resulting in the issuance of 45,918 RSUs to the Reporting Person.
F3	100% of the Restricted Stock Units awarded will vest on the earlier to occur of (i) the one year anniversary of the grant date or (ii) the day prior to the Issuer's next Annual Meeting of Stockholders occurring after the grant date (currently, the Issuer's 2023 Annual Meeting of Stockholders), contingent upon the Reporting Person's continued service as a member of the Issuer's Board of Directors through such date.