Michael L. Perica - Mar 3, 2024 Form 4 Insider Report for Rimini Street, Inc. (RMNI)

Role
EVP & Chief Financial Officer
Signature
/s/ Celeste Rasmussen Peiffer, as Attorney-in-Fact
Stock symbol
RMNI
Transactions as of
Mar 3, 2024
Transactions value $
-$8,904
Form type
4
Date filed
3/5/2024, 06:34 PM
Previous filing
Mar 1, 2024
Next filing
Apr 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RMNI Common Stock Options Exercise $0 +6.67K +6.64% $0.00 107K Mar 3, 2024 Direct
transaction RMNI Common Stock Sale -$8.9K -3.13K -2.92% $2.85 104K Mar 5, 2024 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 -6.67K -33.33% $0.00 13.3K Mar 3, 2024 Common Stock 6.67K 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.
F2 Each Restricted Stock Unit represents a contingent right to receive one share of the Issuer's Common Stock upon vesting.
F3 On March 3, 2023 the Reporting Person was granted 20,000 Restricted Stock Units, one-third of which vested on March 3, 2024. The remaining two-thirds vest ratably on March 3, 2025 and March 3, 2026, subject to the Reporting Person's continued service as an employee of the Issuer through the applicable vesting date.