David W. Rowe - Aug 4, 2023 Form 4 Insider Report for Rimini Street, Inc. (RMNI)

Role
EVP, Glob.Transform.&CPO
Signature
/s/ Celeste Rasmussen Peiffer, as Attorney-in-Fact
Stock symbol
RMNI
Transactions as of
Aug 4, 2023
Transactions value $
-$29,287
Form type
4
Date filed
8/8/2023, 07:10 PM
Previous filing
Jul 7, 2023
Next filing
Feb 6, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RMNI Common Stock Options Exercise $0 +33.3K +9.97% $0.00 368K Aug 4, 2023 Direct
transaction RMNI Common Stock Sale -$29.3K -11.4K -3.12% $2.56 356K 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.