Steven Hershkowitz - Apr 30, 2025 Form 4 Insider Report for Rimini Street, Inc. (RMNI)

Role: EVP & Chief Revenue Officer
Signature: /s/ Celeste Rasmussen Peiffer, as Attorney-in-Fact
Stock symbol: RMNI
Transactions as of: Apr 30, 2025
Transactions value $: -$86,725
Form type: 4
Date filed: 5/1/2025, 09:22 PM
Previous filing: Mar 6, 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	+100K		$0.00	100K	Apr 30, 2025	Direct
transaction	RMNI	Common Stock	Sale	-$86.7K	-25K	-24.97%	$3.47	75K	Apr 30, 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	-100K	-33.33%	$0.00	200K	Apr 30, 2025	Common Stock	100K		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 April 30, 2024, the Reporting Person was granted 300,000 Restricted Stock Units., one-third of which vested on April 30, 2025. The remaining two-thirds vest ratably on April 30, 2026 and April 30, 2027, 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.