Steven M. Capelli - 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, 07:01 PM
Previous filing: Mar 30, 2023
Next filing: Jun 7, 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	+37.77%	$0.00	167K	Jun 6, 2023	Direct
holding	RMNI	Common Stock						100	Jun 6, 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 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.