Michael L. Perica - Apr 6, 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
Apr 6, 2024
Transactions value $
-$9,997
Form type
4
Date filed
4/10/2024, 04:42 PM
Previous filing
Apr 5, 2024
Next filing
Apr 8, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RMNI Common Stock Options Exercise $0 +8.33K +5.89% $0.00 150K Apr 6, 2024 Direct
transaction RMNI Common Stock Sale -$10K -3.41K -2.28% $2.93 146K Apr 8, 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 Unit Options Exercise $0 -8.33K -100% $0.00* 0 Apr 6, 2024 Common Stock 8.33K 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 April 6, 2021, the Reporting Person was granted 25,000 Restricted Stock Units, one-third of which vested on each of April 6, 2022, April 6, 2023 and April 6, 2024, in each case subject to the Reporting Person's continued service as a Service Provider (as such term is defined in the Company's 2013 Equity Incentive Plan) through the applicable vesting date..