GPIAC, LLC - 11 Mar 2021 Form 4 Insider Report for Rimini Street, Inc. (RMNI)

Reporting relationship: 10%+ Owner
Issuer ticker: RMNI
Reported as of: 11 Mar 2021
Net transaction value: -$46,386,025
SEC form: 4
Accepted by SEC: 14 Sep 2021, 17:03:39 UTC
Source filing: View source filing
Reporting owner signature: /s/ Antonio Bonchristiano, Officer

Key filing fact

GPIAC, LLC filed Form 4 for Rimini Street, Inc. (RMNI) on 14 Sep 2021.

Key facts

This page summarizes GPIAC, LLC's Form 4 filing for Rimini Street, Inc. (RMNI).
12 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 14 Sep 2021, 17:03.

Change

No earlier filing in this sequence is available for direct comparison.
Current net transaction value: -$46,386,025.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

RMNI transaction

Common Stock

Sale

Transaction value: $4,337,458
Shares: -559,672
Change %: -7.1%
Price: $7.75
Shares after: 7,292,828
Date: 11 Mar 2021
Ownership: Direct
Footnotes: F3

RMNI transaction

Common Stock

Sale

Transaction value: $3,671,919
Shares: -473,796
Change %: -6.5%
Price: $7.75
Shares after: 6,819,032
Date: 11 Mar 2021
Ownership: See Footnotes
Footnotes: F1, F2, F3

RMNI transaction

Common Stock

Sale

Transaction value: $2,730,561
Shares: -332,185
Change %: -4.9%
Price: $8.22
Shares after: 6,486,847
Date: 05 Aug 2021
Ownership: Direct

RMNI transaction

Common Stock

Sale

Transaction value: $2,311,587
Shares: -281,215
Change %: -4.3%
Price: $8.22
Shares after: 6,205,632
Date: 05 Aug 2021
Ownership: See Footnotes
Footnotes: F1, F2

RMNI transaction

Common Stock

Sale

Transaction value: $732,713
Shares: -81,232
Change %: -1.3%
Price: $9.02
Shares after: 6,124,400
Date: 24 Aug 2021
Ownership: Direct

RMNI transaction

Common Stock

Sale

Transaction value: $620,287
Shares: -68,768
Change %: -1.1%
Price: $9.02
Shares after: 6,055,632
Date: 24 Aug 2021
Ownership: See Footnotes
Footnotes: F1, F2

RMNI transaction

Common Stock

Sale

Transaction value: $757,895
Shares: -81,232
Change %: -1.3%
Price: $9.33
Shares after: 5,974,400
Date: 27 Aug 2021
Ownership: Direct

RMNI transaction

Common Stock

Sale

Transaction value: $641,605
Shares: -68,768
Change %: -1.2%
Price: $9.33
Shares after: 5,905,632
Date: 27 Aug 2021
Ownership: See Footnotes
Footnotes: F1, F2

RMNI transaction

Common Stock

Sale

Transaction value: $11,281,510
Shares: -1,137,249
Change %: -19%
Price: $9.92
Shares after: 4,768,383
Date: 08 Sep 2021
Ownership: Direct

RMNI transaction

Common Stock

Sale

Transaction value: $9,550,490
Shares: -962,751
Change %: -20%
Price: $9.92
Shares after: 3,805,632
Date: 08 Sep 2021
Ownership: See Footnotes
Footnotes: F1, F2

RMNI transaction

Common Stock

Sale

Transaction value: $5,280,083
Shares: -541,547
Change %: -14%
Price: $9.75
Shares after: 3,264,085
Date: 10 Sep 2021
Ownership: Direct

RMNI transaction

Common Stock

Sale

Transaction value: $4,469,917
Shares: -458,453
Change %: -14%
Price: $9.75
Shares after: 2,805,632
Date: 10 Sep 2021
Ownership: See Footnotes
Footnotes: F1, F2

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

GPIAC, LLC is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 3 footnotes

Footnote F1

These securities are held by RMNI InvestCo, LLC, an affiliate of the Reporting Person.

Footnote F2

The Reporting Person disclaims beneficial ownership of the securities reported herein, except to the extent of its pecuniary interest therein, if any. This report shall not be deemed an admission that the Reporting Person is a beneficial owner for the purpose of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.

Footnote F3

Due to certain prior purchases of warrants in respect of the Issuer's common stock by GP Cash Management Ltd., an affiliate of the Reporting Person, the Reporting Person has indicated to the Issuer that it will disgorge any recoverable profits to the Issuer.