Seth A. Ravin - 03 Mar 2024 Form 4 Insider Report for Rimini Street, Inc. (RMNI)

Role: President, CEO & Chairman, Director, 10%+ Owner
Signature: /s/ Celeste Rasmussen Peiffer, as Attorney-in-Fact
Issuer symbol: RMNI
Transactions as of: 03 Mar 2024
Transactions value $: -$6,275
Form type: 4
Filing time: 05 Mar 2024, 18:39:53 UTC
Previous filing: 01 Mar 2024
Next filing: 05 Apr 2024
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	$0	+6.67K	+2.84%	$0.00	242K	03 Mar 2024	Direct
transaction	RMNI	Common Stock	Sale	-$6.27K	-2.21K	-0.91%	$2.85	240K	05 Mar 2024	Direct	F1
holding	RMNI	Common Stock						10.5M	03 Mar 2024	Through the SAR 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 Units	Options Exercise	$0	-6.67K	-33.33%	$0.00	13.3K	03 Mar 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.