Form 4 for RMNI Rimini Street, Inc.
Accepted 2021-10-04 00:00:00 ET · period of report 2021-10-01 · accession 0001635282-21-000153 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2021-10-04 | 2021-10-01 | RMNI | Perica Michael L. | EVP, CFO | M - OptEx | — | +33.3K | 33.3K | New | — |
| D | 2021-10-04 | 2021-10-01 | RMNI | Perica Michael L. | EVP, CFO | S - Sale+OE | $9.81 | -8,465 | 24.9K | -25% | -$83.0K |
| D | 2021-10-04 | 2021-10-01 | RMNI | Perica Michael L. | EVP, CFO | M - OptEx | $0.00 | -33.3K | 66.7K | -33% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2021-10-01 | M | A | 33,333 | — | 33,333 | D | — | — | (F1) Each Restricted Stock Unit represents a contingent right to receive one share of the Issuer's Common Stock upon vesting. |
| 2 | Common | Common Stock | 2021-10-01 | S | D | 8,465 | $9.81 | 24,868 | D | — | — | (F2) 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. |
| 3 | Derivative | Restricted Stock Unit | 2021-10-01 | M | D | 33,333 | $0.00 | 66,667 | D | — · — to — | 33,333 Common Stock | (F1) Each Restricted Stock Unit represents a contingent right to receive one share of the Issuer's Common Stock upon vesting. (F3) On October 1, 2020, the Reporting Person was granted 100,000 Restricted Stock Units, one-third of which vested ratably on October 1, 2021. The remaining two-thirds vest ratably on October 1, 2022 and October 1, 2023, subject to the Reporting Person's continued service as an employee of the Issuer through the applicable vesting date. |