Steven Hershkowitz - 30 Apr 2025 Form 4 Insider Report for Rimini Street, Inc. (RMNI)

Role
EVP & Chief Revenue Officer
Signature
/s/ Celeste Rasmussen Peiffer, as Attorney-in-Fact
Issuer symbol
RMNI
Transactions as of
30 Apr 2025
Net transactions value
-$86,725
Form type
4
Filing time
01 May 2025, 21:22:19 UTC
Previous filing
06 Mar 2025
Next filing
22 Dec 2025
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 +99,999 $0.000000 99,999 30 Apr 2025 Direct
transaction RMNI Common Stock Sale $86,725 -24,974 -25% $3.47 75,025 30 Apr 2025 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 -99,999 -33% $0.000000 200,001 30 Apr 2025 Common Stock 99,999 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. The Reporting Person did not initiate the sale.
F2 Each Restricted Stock Unit represents a contingent right to receive one share of the Issuer's Common Stock upon vesting.
F3 On April 30, 2024, the Reporting Person was granted 300,000 Restricted Stock Units., one-third of which vested on April 30, 2025. The remaining two-thirds vest ratably on April 30, 2026 and April 30, 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.