Form 4 for RMNI Rimini Street, Inc.
Accepted 2022-08-09 00:00:00 ET · period of report 2022-08-06 · accession 0001635282-22-000186 · 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 | 2022-08-09 | 2022-08-09 | RMNI | Maddock Kevin | EVP, ChiefRecurringRev.Off | S - Sale+OE | $5.58 | -6,104 | 52.4K | -10% | -$34.1K |
| D | 2022-08-09 | 2022-08-06 | RMNI | Maddock Kevin | EVP, ChiefRecurringRev.Off | M - OptEx | $0.00 | +16.7K | 58.5K | +40% | $0 |
| D | 2022-08-09 | 2022-08-06 | RMNI | Maddock Kevin | EVP, ChiefRecurringRev.Off | M - OptEx | $0.00 | -16.7K | 0 | -100% | $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 | 2022-08-09 | S | D | 6,104 | $5.58 | 52,400 | 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 | 2022-08-06 | M | A | 16,668 | $0.00 | 58,504 | D | — | — | |
| 3 | Derivative | Restricted Stock Unit | 2022-08-06 | M | D | 16,668 | $0.00 | 0 | D | — · — to — | 16,668 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 6, 2019, the Reporting Person was granted 50,000 Restricted Stock Units, one-third of which vested on August 6, 2020, one-third of which vested on August 6, 2021 and one third of which vested on August 6, 2022, subject to the Reporting Person's continued service as an employee of the Issuer through the applicable vesting date. |