Form 4 for RMNI Rimini Street, Inc.
Accepted 2021-11-24 00:00:00 ET · period of report 2021-11-20 · accession 0001635282-21-000169 · 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 | 2021-11-24 | 2021-11-22 | RMNI | Brossard Gerard | COO | M - OptEx | $0.00 | +66.7K | 110.3K | +153% | $0 |
| D | 2021-11-24 | 2021-11-20 | RMNI | Brossard Gerard | COO | S - Sale+OE | $6.83 | -28.2K | 82.1K | -26% | -$192.6K |
| D | 2021-11-24 | 2021-11-20 | RMNI | Brossard Gerard | COO | M - OptEx | $0.00 | -66.7K | 133.3K | -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 | 2021-11-22 | M | A | 66,666 | $0.00 | 110,278 | D | — | — | |
| 2 | Common | Common Stock | 2021-11-20 | S | D | 28,200 | $6.83 | 82,078 | D | — | — | (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. |
| 3 | Derivative | Restricted Stock Unit | 2021-11-20 | M | D | 66,666 | $0.00 | 133,334 | D | — · — to — | 66,666 Common Stock | (F2) Each Restricted Stock Unit represents a contingent right to receive one share of the Issuer's Common Stock upon vesting. (F3) On November 20, 2020, the Reporting Person was granted 200,000 Restricted Stock Units, one-third of which vested ratably on Saturday, November 20, 2021 (with a deemed transaction date of Monday, November 22, 2021). The remaining two-thirds vest ratably on November 20, 2022 and November 20, 2023, subject to the Reporting Person's continued service as an employee of the Issuer through the applicable vesting date. |