Form 4 for RMNI Rimini Street, Inc.
Accepted 2023-02-07 00:00:00 ET · period of report 2023-02-03 · accession 0001635282-23-000014 · 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 | 2023-02-07 | 2023-02-03 | RMNI | Rowe David W. | EVP, Gbl Transformation | S - Sale+OE | $4.82 | -3,216 | 329.4K | -1.0% | -$15.5K |
| D | 2023-02-07 | 2023-02-03 | RMNI | Rowe David W. | EVP, Gbl Transformation | M - OptEx | $0.00 | +8,333 | 332.7K | +3% | $0 |
| D | 2023-02-07 | 2023-02-03 | RMNI | Rowe David W. | EVP, Gbl Transformation | 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 | 2023-02-03 | S | D | 3,216 | $4.82 | 329,441 | 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 | 2023-02-03 | M | A | 8,333 | $0.00 | 332,657 | D | — | — | |
| 3 | Derivative | Restricted Stock Units | 2023-02-03 | 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 3, 2022, the Reporting Person was granted 25,000 Restricted Stock Units, one-third of which vested on February 3, 2023. The remaining two-thirds vest ratably on February 3, 2024 and February 3, 2025, subject to the Reporting Person's continued service as an employee of the Issuer through the applicable vesting date. |