David W. Rowe - 20 Sep 2024 Form 4 Insider Report for Rimini Street, Inc. (RMNI)

Role
CPO,CMO&EVPGlob.Transformation
Signature
/s/ Celeste Rasmussen Peiffer, as Attorney-in-Fact
Issuer symbol
RMNI
Transactions as of
20 Sep 2024
Net transactions value
$0
Form type
4
Filing time
23 Sep 2024, 19:08:31 UTC
Previous filing
08 May 2024
Next filing
19 Dec 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding RMNI Common Stock 385,941 20 Sep 2024 Direct

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 Employee Stock Option (Right to Buy) Award $0 +35,000 $0.000000 35,000 20 Sep 2024 Common Stock 35,000 $1.82 Direct F1
transaction RMNI Restricted Stock Units Award $0 +40,000 $0.000000 40,000 20 Sep 2024 Common Stock 40,000 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The stock option award will vest ratably in three (3) annual installments on September 20, 2025, September 20, 2026 and September 20, 2027, generally subject to the Reporting Person continuing to be a Service Provider (as such term is defined in the Issuer's 2023 Equity Incentive Plan) through the applicable vesting date.
F2 Each Restricted Stock Unit represents a contingent right to receive one share of the Issuer's Common Stock upon vesting.
F3 The Restricted Stock Units will vest ratably in three (3) annual installments on September 20, 2025, September 20, 2026 and September 20, 2027, generally subject to the Reporting Person continuing to be a Service Provider (as such term is defined in the Issuer's 2023 Equity Incentive Plan) through the applicable vesting date.