Form 4 for RMNI Rimini Street, Inc.

Accepted 2023-02-27 00:00:00 ET · period of report 2023-02-23 · accession 0001635282-23-000036 · 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	Salaets Steven	CIO, EVP Glob. Shared Services	S - Sale+OE	$4.34	-2,599	163.2K	-2%	-$11.3K
D	2023-02-27	2023-02-23	RMNI	Salaets Steven	CIO, EVP Glob. Shared Services	M - OptEx	$0.00	+8,333	165.8K	+5%	$0
D	2023-02-27	2023-02-23	RMNI	Salaets Steven	CIO, EVP Glob. Shared Services	M - OptEx	$0.00	-8,333	8,334	-50%	$0

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Common Stock	2023-02-23	S	D	2,599	$4.34	163,173	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	165,772	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.