Michael L. Perica - 06 Apr 2023 Form 4 Insider Report for Rimini Street, Inc. (RMNI)

Role: EVP & Chief Financial Officer
Signature: /s/ Celeste Rasmussen Peiffer, as Attorney-in-Fact
Issuer symbol: RMNI
Transactions as of: 06 Apr 2023
Net transactions value: -$13,505
Form type: 4
Filing time: 10 Apr 2023, 18:20:01 UTC
Previous filing: 05 Apr 2023
Next filing: 08 Jun 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	RMNI	Common Stock	Options Exercise	$0	+8,333	+11%	$0.000000	83,858	06 Apr 2023	Direct
transaction	RMNI	Common Stock	Sale	$13,505	-3,351	-4%	$4.03	80,507	06 Apr 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	-8,333	-50%	$0.000000	8,334	06 Apr 2023	Common Stock	8,333		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 April 6, 2021, the Reporting Person was awarded 25,000 Restricted Stock Units, one-third of which vested on April 6, 2022 and one-third of which vested on April 6, 2023. The remaining Restricted Stock Units will on April 6, 2024, contingent upon the Reporting Person's continued service as an employee of the Issuer through the vesting date.