Form 4 for RMNI Rimini Street, Inc.
Accepted 2022-03-04 00:00:00 ET · period of report 2022-02-23 · accession 0001635282-22-000055 · 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 | 2022-03-04 | 2022-02-23 | RMNI | Maddock Kevin | EVP, Gbl Sales - Recurring | S - Sale+OE | $0.00 | -3,415 | 46.1K | -7% | $0 |
| D | 2022-03-04 | 2022-02-23 | RMNI | Maddock Kevin | EVP, Gbl Sales - Recurring | M - OptEx | $0.00 | +8,333 | 49.5K | +20% | $0 |
| D | 2022-03-04 | 2022-02-23 | RMNI | Maddock Kevin | EVP, Gbl Sales - Recurring | M - OptEx | $0.00 | -8,333 | 16.7K | -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 | 2022-02-23 | S | D | 3,415 | $0.00 | 46,078 | 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. |
| 2 | Common | Common Stock | 2022-02-23 | M | A | 8,333 | $0.00 | 49,493 | D | — | — | |
| 3 | Derivative | Restricted Stock Unit | 2022-02-23 | M | D | 8,333 | $0.00 | 16,667 | D | — · — to — | 8,333 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 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. |