Form 4 for RMNI Rimini Street, Inc.
Accepted 2022-08-05 00:00:00 ET · period of report 2022-08-03 · accession 0001635282-22-000164 · 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 | 2022-08-05 | 2022-08-03 | RMNI | Perica Michael L. | EVP, CFO | S - Sale+OE | $6.28 | -2,274 | 37.2K | -6% | -$14.3K |
| D | 2022-08-05 | 2022-08-03 | RMNI | Perica Michael L. | EVP, CFO | M - OptEx | $0.00 | +4,999 | 39.5K | +15% | $0 |
| D | 2022-08-05 | 2022-08-03 | RMNI | Perica Michael L. | EVP, CFO | M - OptEx | $0.00 | -4,999 | 10.0K | -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 | 2022-08-03 | S | D | 2,274 | $6.28 | 37,180 | 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 | 2022-08-03 | M | A | 4,999 | $0.00 | 39,454 | D | — | — | |
| 3 | Derivative | Common Stock | 2022-08-03 | M | D | 4,999 | $0.00 | 10,001 | D | — · — to — | 4,999 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 August 3, 2021, the Reporting Person was granted 15,000 Restricted Stock Units, one-third of which vested ratably on August 3, 2022. The remaining two-thirds vest ratably on August 3, 2023 and August 3, 2024, subject to the Reporting Person's continued service as an employee of the Issuer through the applicable vesting date. |