Steven Salaets - 04 Aug 2023 Form 4 Insider Report for Rimini Street, Inc. (RMNI)

Role: EVP & CIO
Signature: /s/ Celeste Rasmussen Peiffer, as Attorney-in-Fact
Issuer symbol: RMNI
Transactions as of: 04 Aug 2023
Net transactions value: -$20,628
Form type: 4
Filing time: 08 Aug 2023, 18:58:04 UTC
Previous filing: 06 Apr 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	+33,334	+20%	$0.000000	196,507	04 Aug 2023	Direct
transaction	RMNI	Common Stock	Sale	$20,628	-8,064	-4.1%	$2.56	188,443	04 Aug 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	-33,334	-100%	$0.000000^*	0	04 Aug 2023	Common Stock	33,334		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 4, 2020, the Reporting Person was granted 100,000 Restricted Stock Units, one-third of which vested on August 4, 2021, one-third of which vested on August 4, 2022, and one-third of which vested on August 4, 2023.