Nancy Lyskawa - 03 Apr 2023 Form 4 Insider Report for Rimini Street, Inc. (RMNI)

Signature
/s/ Celeste Rasmussen Peiffer, as Attorney-in-Fact
Issuer symbol
RMNI
Transactions as of
03 Apr 2023
Net transactions value
$0
Form type
4
Filing time
06 Apr 2023, 08:09:53 UTC
Previous filing
10 Mar 2023
Next filing
04 Aug 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding RMNI Common Stock 73,733 03 Apr 2023 Direct

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 Employee Stock Options (Right to Buy) Award $0 +55,363 $0.000000 55,363 03 Apr 2023 Common Stock 55,363 $3.93 Direct F1
transaction RMNI Restricted Stock Units Award $0 +15,267 $0.000000 15,267 03 Apr 2023 Common Stock 15,267 Direct F2, F3
transaction RMNI Employee Stock Options (Right to Buy) Award $0 +20,000 +35% $0.000000 77,363 03 Apr 2023 Common Stock 20,000 $3.93 Direct F1
transaction RMNI Restricted Stock Units Award $0 +20,000 +131% $0.000000 35,267 03 Apr 2023 Common Stock 20,000 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The stock option award will vest ratably in three (3) annual installments on April 3 2024, April 3, 2025 and April 3, 2026, provided that the Reporting Person remains employed by the Issuer through the applicable vesting date.
F2 Each Restricted Stock Unit represents a contingent right to receive one share of the Issuer's Common Stock upon vesting.
F3 The Restricted Stock Units will vest ratably in three (3) annual installments on April 3, 2024, April 3, 2025 and April 3, 2026, provided that the Reporting Person remains employed by the Issuer through the applicable vesting date.