Seth A. Ravin - 03 Apr 2023 Form 4 Insider Report for Rimini Street, Inc. (RMNI)

Role: CEO, President & Chairman, Director, 10%+ Owner
Signature: /s/ Celeste Rasmussen Peiffer, as Attorney-in-Fact
Issuer symbol: RMNI
Transactions as of: 03 Apr 2023
Net transactions value: $0
Form type: 4
Filing time: 05 Apr 2023, 21:12:42 UTC
Previous filing: 10 Mar 2023
Next filing: 06 Jun 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	RMNI	Common Stock						10,491,309	03 Apr 2023	Through the SAR Trust
holding	RMNI	Common Stock						155,148	03 Apr 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 Options (Right to Buy)	Award	$0	+276,816		$0.000000	276,816	03 Apr 2023	Common Stock	276,816	$3.93	Direct	F1
transaction	RMNI	Restricted Stock Units	Award	$0	+229,007		$0.000000	229,007	03 Apr 2023	Common Stock	229,007		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 in three (3) equal annual installments on April 3, 2024, April 3, 2025, and April 3, 2026, provided that the Reporting Person remains employed by the Issuer (and/or a remains 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 in three (3) equal annual installments on April 3, 2024, April 3, 2025 and April 3, 2026, provided that the Reporting Person remains employed by the Issuer (and/or a member of the Issuer's Board of Directors) through the applicable vesting date.