Kevin Maddock - Dec 17, 2024 Form 4 Insider Report for Rimini Street, Inc. (RMNI)

Role
EVP,ChiefRecurringRev.Officer
Signature
/s/ Celeste Rasmussen Peiffer, as Attorney-in-Fact
Stock symbol
RMNI
Transactions as of
Dec 17, 2024
Transactions value $
$0
Form type
4
Date filed
12/19/2024, 05:42 PM
Previous filing
Nov 13, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding RMNI Common Stock 109K Dec 17, 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 Restricted Stock Units Award $0 +100K $0.00 100K Dec 17, 2024 Common Stock 100K Direct F1, F2
transaction RMNI Employee Stock Option (Right to Buy) Award $0 +100K $0.00 100K Dec 17, 2024 Common Stock 100K $2.72 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit represents a contingent right to receive one share of the Issuer's Common Stock upon vesting.
F2 On December 17, 2024, the Reporting Person was granted 100,000 Restricted Stock Units that will vest ratably in three (3) annual installments on December 17, 2025, December 17, 2026 and December 17, 2027, generally subject to the Reporting Person continuing to be a Service Provider (as that term is defined in the Issuer's 2013 Equity Incentive Plan) through the applicable vesting date.
F3 The stock option award will vest ratably in three (3) annual installments on December 17, 2025, December 17, 2026 and December 17, 2027, generally subject to the Reporting Person continuing to be a Service Provider (as that term is defined in the Issuer's 2013 Equity Incentive Plan) through the applicable vesting date.