STEVEN M. CAPELLI - 02 Jun 2021 Form 4 Insider Report for Rimini Street, Inc. (RMNI)

Role: Director
Signature: /s/ Daniel B. Winslow, 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, 17:56:59 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		+16,375	+21%		93,998	02 Jun 2021	Direct	F1
holding	RMNI	Common Stock						100	02 Jun 2021	Through the Steven Capelli Living Trust

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	-16,375	-100%	$0.000000^*	0	02 Jun 2021	Common Stock	16,375		Direct	F1, F2
transaction	RMNI	Restricted Stock Unit	Award	$0	+27,565		$0.000000	27,565	02 Jun 2021	Common Stock	27,565		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.