Michael L. Perica - 06 Apr 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: 06 Apr 2024
Net transactions value: -$9,997
Form type: 4
Filing time: 10 Apr 2024, 16:42:37 UTC
Previous filing: 05 Apr 2024
Next filing: 08 Apr 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	+5.9%	$0.000000	149,851	06 Apr 2024	Direct
transaction	RMNI	Common Stock	Sale	$9,997	-3,412	-2.3%	$2.93	146,439	08 Apr 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	06 Apr 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 April 6, 2021, the Reporting Person was granted 25,000 Restricted Stock Units, one-third of which vested on each of April 6, 2022, April 6, 2023 and April 6, 2024, in each case subject to the Reporting Person's continued service as a Service Provider (as such term is defined in the Company's 2013 Equity Incentive Plan) through the applicable vesting date..