Form 4 for RMNI Rimini Street, Inc.
Accepted 2023-04-10 00:00:00 ET · period of report 2023-04-06 · accession 0001635282-23-000113 · 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 | 2023-04-10 | 2023-04-06 | RMNI | Perica Michael L. | EVP, CFO | M - OptEx | $0.00 | +8,333 | 83.9K | +11% | $0 |
| D | 2023-04-10 | 2023-04-06 | RMNI | Perica Michael L. | EVP, CFO | S - Sale+OE | $4.03 | -3,351 | 80.5K | -4% | -$13.5K |
| D | 2023-04-10 | 2023-04-06 | RMNI | Perica Michael L. | EVP, CFO | 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 | 2023-04-06 | M | A | 8,333 | $0.00 | 83,858 | D | — | — | |
| 2 | Common | Common Stock | 2023-04-06 | S | D | 3,351 | $4.03 | 80,507 | 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 | 2023-04-06 | 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 April 6, 2021, the Reporting Person was awarded 25,000 Restricted Stock Units, one-third of which vested on April 6, 2022 and one-third of which vested on April 6, 2023. The remaining Restricted Stock Units will on April 6, 2024, contingent upon the Reporting Person's continued service as an employee of the Issuer through the vesting date. |