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

Role: EVP & CIO
Signature: /s/ Celeste Rasmussen Peiffer, as Attorney-in-Fact
Stock symbol: RMNI
Transactions as of: Aug 4, 2023
Transactions value $: -$20,628
Form type: 4
Date filed: 8/8/2023, 06:58 PM
Previous filing: Apr 6, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	RMNI	Common Stock	Options Exercise	$0	+33.3K	+20.43%	$0.00	197K	Aug 4, 2023	Direct
transaction	RMNI	Common Stock	Sale	-$20.6K	-8.06K	-4.1%	$2.56	188K	Aug 4, 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	-33.3K	-100%	$0.00^*	0	Aug 4, 2023	Common Stock	33.3K		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.