Jack L. Acosta - Jun 6, 2023 Form 4 Insider Report for Rimini Street, Inc. (RMNI)

Role
Director
Signature
/s/ Celeste Rasmussen Peiffer, as Attorney-in-Fact
Stock symbol
RMNI
Transactions as of
Jun 6, 2023
Transactions value $
$0
Form type
4
Date filed
6/8/2023, 06:35 PM
Previous filing
May 18, 2023
Next filing
May 16, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RMNI Common Stock Options Exercise $0 +45.9K +37.46% $0.00 168K Jun 6, 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 Restricted Stock Units Options Exercise $0 -45.9K -100% $0.00* 0 Jun 6, 2023 Common Stock 45.9K Direct F1, F2
transaction RMNI Restricted Stock Units Award $0 +40.2K $0.00 40.2K Jun 7, 2023 Common Stock 40.2K Direct F1, 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 March 28, 2023, the Reporting Person was awarded 45,918 Restricted Stock Units, 100% of which vested on June 6, 2023, or the day before the date of the Issuer's 2023 Annual Meeting of Stockholders.
F3 100% of the Restricted Stock Units awarded will vest on the earlier to occur of (i) June 7, 2024 or (ii) the day before the date of the Issuer's 2024 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.