Jack L. Acosta - Jun 2, 2021 Form 4 Insider Report for Rimini Street, Inc. (RMNI)

Role
Director
Signature
/s/Daniel B. Winslow, as Attorney-in-Fact
Stock symbol
RMNI
Transactions as of
Jun 2, 2021
Transactions value $
$0
Form type
4
Date filed
6/4/2021, 05:40 PM
Previous filing
May 13, 2021
Next filing
May 20, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RMNI Common Stock Options Exercise +16.4K +20.83% 95K Jun 2, 2021 Direct F2

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 -16.4K -100% $0.00* 0 Jun 2, 2021 Common Stock 16.4K Direct F1, F2
transaction RMNI Restricted Stock Unit Award $0 +27.6K $0.00 27.6K Jun 2, 2021 Common Stock 27.6K Direct F1, 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 January 4, 2021, the Reporting Person was granted 16,375 Restricted Stock Units, 100% of which vested on June 2, 2021.
F3 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.