Michael L. Perica - 13 Dec 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 Dec 2024
Net transactions value
-$7,569
Form type
4
Filing time
17 Dec 2024, 17:55:40 UTC
Previous filing
07 Aug 2024
Next filing
05 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RMNI Common Stock Options Exercise $0 +8,334 +5.6% $0.000000 157,692 13 Dec 2024 Direct
transaction RMNI Common Stock Sale $7,569 -3,433 -2.2% $2.20 154,259 13 Dec 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 13 Dec 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 December 13, 2021, the Reporting Person was granted 25,000 Restricted Stock Units, one-third of which vested on December 13, 2022, one-third of which vested on December 13, 2023, and one-third of which vested on December 13, 2024, subject to the Reporting Person's continuing to be a Service Provider (as such term is defined in the Issuer's 2013 Equity Incentive Plan) through the applicable vesting date.