Jay G. Snyder - 02 Jun 2021 Form 4 Insider Report for Rimini Street, Inc. (RMNI)

Role
Director
Signature
/s/Celeste Rasmussen Peiffer, as Attorney-in-Fact
Issuer symbol
RMNI
Transactions as of
02 Jun 2021
Net transactions value
$0
Form type
4
Filing time
04 Jun 2021, 17:17:45 UTC
Next filing
02 Jun 2022
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 +2,729 2,729 02 Jun 2021 Direct F1
transaction RMNI Common Stock Options Exercise +33,632 +1232% 36,361 03 Jun 2021 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 Award $0 +4,594 $0.000000 4,594 02 Jun 2021 Common Stock 4,594 Direct F1, F2
transaction RMNI Restricted Stock Unit Options Exercise $0 -2,729 -100% $0.000000* 0 02 Jun 2021 Common Stock 2,729 Direct F1, F3
transaction RMNI Restricted Stock Unit Options Exercise $0 -33,632 -50% $0.000000 33,632 03 Jun 2021 Common Stock 33,632 Direct F1, F4
* 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 100% of the Restricted Stock Units awarded will vest on the earlier to occur of (i) June 2, 2022 or (ii) the date of the Issuer's 2022 Annual Meeting of Stockholders, contingent upon the Reporting Person's continued service as a member of the Issuer's Board of Directors through such date.
F3 On January 4, 2021, the Reporting Person was granted 2,729 Restricted Stock Units, 100% of which vested on June 2, 2021.
F4 On June 3, 2020, the Reporting Person was granted 67,264 Restricted Stock Units, 50% of which vested ratably on June 3, 2021. The remaining 50% vests on June 3, 2022, subject to the Reporting Person's continued service as a member of the Issuer's Board of Directors through such date.