Form 4 for RMNI Rimini Street, Inc.
Accepted 2022-08-08 00:00:00 ET · period of report 2022-08-04 · accession 0001635282-22-000175 · 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 | 2022-08-08 | 2022-08-04 | RMNI | Rowe David W. | EVP, Gbl Transformation | M - OptEx | $0.00 | +33.3K | 326.3K | +11% | $0 |
| D | 2022-08-08 | 2022-08-04 | RMNI | Rowe David W. | EVP, Gbl Transformation | S - Sale+OE | $5.83 | -12.5K | 313.8K | -4% | -$73.0K |
| D | 2022-08-08 | 2022-08-04 | RMNI | Rowe David W. | EVP, Gbl Transformation | M - OptEx | $0.00 | -33.3K | 33.3K | -50% | $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 | 2022-08-04 | M | A | 33,333 | $0.00 | 326,289 | D | — | — | |
| 2 | Common | Common Stock | 2022-08-04 | S | D | 12,529 | $5.83 | 313,760 | 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 | 2022-08-04 | M | D | 33,333 | $0.00 | 33,334 | D | — · — to — | 33,333 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 August 4, 2020, the Reporting Person was granted 100,000 Restricted Stock Units, one-third of which vested on August 4, 2021 and one-third of which vested on August 4, 2022. The remaining one-third will vest on August 4, 2023, subject to the Reporting Person's continued service as an employee of the Issuer through the vesting date. |