Form 4 for RMNI Rimini Street, Inc.
Accepted 2022-03-04 00:00:00 ET · period of report 2022-02-23 · accession 0001635282-22-000051 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2022-03-04 | 2022-02-23 | RMNI | Grady Sebastian | Pres | S - Sale+OE | $4.36 | -3,970 | 124.1K | -3% | -$17.3K |
| DM | 2022-03-04 | 2022-02-23 | RMNI | Grady Sebastian | Pres | M - OptEx | $0.00 | +9,662 | 124.6K | +8% | $0 |
| DM | 2022-03-04 | 2022-02-23 | RMNI | Grady Sebastian | Pres | M - OptEx | $0.00 | -9,662 | 16.7K | -37% | $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 | 2022-02-23 | S | D | 3,424 | $4.36 | 123,294 | 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. |
| 2 | Common | Common Stock | 2022-02-23 | S | D | 546 | $4.36 | 124,077 | D | — | — | (F2) On February 23, 2021, the Reporting Person was granted 1,329 Restricted Stock Units, 100% of which vested on February 23, 2022. |
| 3 | Common | Common Stock | 2022-02-23 | M | A | 8,333 | $0.00 | 126,718 | D | — | — | |
| 4 | Common | Common Stock | 2022-02-23 | M | A | 1,329 | $0.00 | 124,623 | D | — | — | |
| 5 | Derivative | Restricted Stock Unit | 2022-02-23 | M | D | 1,329 | $0.00 | 0 | D | — · — to — | 1,329 Common Stock | (F3) Each Restricted Stock Unit represents a contingent right to receive one share of the Issuer's Common Stock upon vesting. (F2) On February 23, 2021, the Reporting Person was granted 1,329 Restricted Stock Units, 100% of which vested on February 23, 2022. |
| 6 | Derivative | Restricted Stock Unit | 2022-02-23 | M | D | 8,333 | $0.00 | 16,667 | D | — · — to — | 8,333 Common Stock | (F3) Each Restricted Stock Unit represents a contingent right to receive one share of the Issuer's Common Stock upon vesting. (F4) On February 23, 2021, the Reporting Person was granted 25,000 Restricted Stock Units, one-third of which vested on February 23, 2022. The remaining two-thirds vest ratably on February 23, 2023 and February 23, 2024, subject to the Reporting Person's continued service as an employee of the Issuer through the applicable vesting date. |