Form 4 for RMNI Rimini Street, Inc.
Accepted 2023-02-27 00:00:00 ET · period of report 2023-02-23 · accession 0001635282-23-000030 · 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 | 2023-02-27 | 2023-02-23 | RMNI | Maddock Kevin | EVP, ChiefRecurringRev.Off | S - Sale+OE | $4.34 | -3,565 | 65.5K | -5% | -$15.5K |
| D | 2023-02-27 | 2023-02-23 | RMNI | Maddock Kevin | EVP, ChiefRecurringRev.Off | M - OptEx | $0.00 | +8,333 | 69.0K | +14% | $0 |
| D | 2023-02-27 | 2023-02-23 | RMNI | Maddock Kevin | EVP, ChiefRecurringRev.Off | M - OptEx | $0.00 | -8,333 | 8,334 | -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 | 2023-02-23 | S | D | 3,565 | $4.34 | 65,460 | 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 | 2023-02-23 | M | A | 8,333 | $0.00 | 69,025 | D | — | — | |
| 3 | Derivative | Restricted Stock Unit | 2023-02-23 | M | D | 8,333 | $0.00 | 8,334 | 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 and one-third of which vested on February 23, 2023. The remaining one-third vests on February 23, 2024, subject to the Reporting Person's continued service as an employee of the Issuer through the vesting date. |