Nancy Lyskawa - Aug 2, 2023 Form 4 Insider Report for Rimini Street, Inc. (RMNI)

Role
EVP & Chief Client Officer
Signature
/s/ Celeste Rasmussen Peiffer, as Attorney-in-Fact
Stock symbol
RMNI
Transactions as of
Aug 2, 2023
Transactions value $
-$1,286
Form type
4
Date filed
8/4/2023, 04:16 PM
Previous filing
Apr 6, 2023
Next filing
Aug 8, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RMNI Common Stock Options Exercise $0 +1.67K +2.26% $0.00 75.4K Aug 2, 2023 Direct
transaction RMNI Common Stock Sale -$1.29K -528 -0.7% $2.44 74.9K Aug 2, 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 Units Options Exercise $0 -1.67K -33.32% $0.00 3.33K Aug 2, 2023 Common Stock 1.67K 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 August 2, 2022, the Reporting Person was granted 5,000 Restricted Stock Units, one-third of which vested on August 2, 2023. The remaining two-thirds vest ratably on August 2, 2024 and August 2, 2025, subject to the Reporting Person's continued service as an employee of the Issuer through the applicable vesting date.