Michael L. Perica - Feb 3, 2025 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
Feb 3, 2025
Transactions value $
-$21,850
Form type
4
Date filed
2/5/2025, 06:15 PM
Previous filing
Dec 17, 2024
Next filing
Mar 3, 2025
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 +16.7K +10.81% $0.00 171K Feb 3, 2025 Direct
transaction RMNI Common Stock Sale -$21.8K -7.84K -4.58% $2.79 163K Feb 3, 2025 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 -16.7K -100% $0.00 0 Feb 3, 2025 Common Stock 16.7K 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. The Reporting Person did not initiate the sale.
F2 Each Restricted Stock Unit represents a contingent right to receive one share of the Issuer's Common Stock upon vesting.
F3 On February 3, 2022, the Reporting Person was granted 50,000 Restricted Stock Units, one-third of which vested on February 3, 2023, one-third of which vested on February 3, 2024 and one third of which vested on February 3, 2025, generally subject to the Reporting Person continuing to be a Service Provider (as such term is defined in the Issuer's 2013 Equity Incentive Plan) through the applicable vesting date.