Michael L. Perica - 03 Aug 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
03 Aug 2024
Net transactions value
-$3,798
Form type
4
Filing time
07 Aug 2024, 16:30:43 UTC
Previous filing
08 May 2024
Next filing
17 Dec 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 +5,001 +3.4% $0.000000 151,440 03 Aug 2024 Direct
transaction RMNI Common Stock Sale $3,798 -2,082 -1.4% $1.82 149,358 05 Aug 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 Units Options Exercise $0 -5,001 -100% $0.000000* 0 03 Aug 2024 Common Stock 5,001 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 3, 2021, the Reporting Person was granted 15,000 Restricted Stock Units, one-third of which vested on August 3, 2022, one-third of which vested on August 3, 2023, and one-third of which vested on August 3, 2024, subject to the Reporting Person's continued service as Service Provider (as such term is defined in the Issuer's 2013 Equity Incentive Plan) through the applicable vesting date.