Michael L. Perica - Apr 3, 2023 Form 4 Insider Report for Rimini Street, Inc. (RMNI)

Role
EVP & Chief Financial Officer
Signature
/s/ Celeste Rasmussen Peiffer, as Attorney-in-Fact
Stock symbol
RMNI
Transactions as of
Apr 3, 2023
Transactions value $
$0
Form type
4
Date filed
4/5/2023, 09:28 PM
Previous filing
Mar 7, 2023
Next filing
Apr 10, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding RMNI Common Stock 75.5K Apr 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 Options (Right to Buy) Award $0 +185K $0.00 185K Apr 3, 2023 Common Stock 185K $3.93 Direct F1
transaction RMNI Restricted Stock Units Award $0 +50.9K $0.00 50.9K Apr 3, 2023 Common Stock 50.9K 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 April 3 2024, April 3, 2025 and April 3, 2026, provided that the Reporting Person remains employed by the Issuer 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 April 3, 2024, April 3, 2025 and April 3, 2026, provided that the Reporting Person remains employed by the Issuer through the applicable vesting date.