Kevin Maddock - 13 Nov 2024 Form 4 Insider Report for Rimini Street, Inc. (RMNI)

Signature
/s/ Celeste Rasmussen Peiffer, as Attorney-in-Fact
Issuer symbol
RMNI
Transactions as of
13 Nov 2024
Net transactions value
$0
Form type
4
Filing time
13 Nov 2024, 17:30:19 UTC
Previous filing
06 Aug 2024
Next filing
19 Dec 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding RMNI Common Stock 109,249 13 Nov 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 +10,000 $0.000000 10,000 13 Nov 2024 Common Stock 10,000 $1.96 Direct F1
transaction RMNI Restricted Stock Units Award $0 +20,000 $0.000000 20,000 13 Nov 2024 Common Stock 20,000 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 in three (3) equal annual installments on November 13, 2025, November 13, 2026 and November 13, 2027, generally subject to the Reporting Person continuing to be a Service Provider (as such term is defined in the Issuer's 2013 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 in three (3) equal annual installments on November 13, 2025, November 13, 2026 and November 13, 2027, generally subject to the Reporting Person continuing to be a Service Provider (as such term is defined in the Issuer's 2013 Equity Incentive Plan) through the applicable vesting date.