Michael L. Perica - 23 Feb 2024 Form 4 Insider Report for Rimini Street, Inc. (RMNI)

Role: EVP & Chief Financial Officer
Signature: /s/ Celeste Rasmussen Peiffer, as Attorney-in-Fact
Issuer symbol: RMNI
Transactions as of: 23 Feb 2024
Net transactions value: -$11,920
Form type: 4
Filing time: 27 Feb 2024, 18:58:15 UTC
Previous filing: 06 Feb 2024
Next filing: 01 Mar 2024
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	+8,334	+8.7%	$0.000000	104,184	23 Feb 2024	Direct
transaction	RMNI	Common Stock	Sale	$11,920	-3,807	-3.7%	$3.13	100,377	23 Feb 2024	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	-8,334	-100%	$0.000000^*	0	23 Feb 2024	Common Stock	8,334		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 February 23, 2021, the Reporting Person was granted 25,000 Restricted Stock Units, one-third of which vested on February 23, 2022, one-third of which vested on February 23, 2023, and one-third of which vested on February 23, 2024, subject to the Reporting Person's continued service as an employee of the Issuer through the applicable vesting date.