Form 4 for RMNI Rimini Street, Inc.
Accepted 2023-06-08 00:00:00 ET · period of report 2023-06-06 · accession 0001635282-23-000149 · 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 | 2023-06-08 | 2023-06-06 | RMNI | ACOSTA JACK L | Dir | M - OptEx | $0.00 | +45.9K | 168.5K | +37% | $0 |
| D | 2023-06-08 | 2023-06-07 | RMNI | ACOSTA JACK L | Dir | A - Grant | $0.00 | +40.2K | 40.2K | New | $0 |
| D | 2023-06-08 | 2023-06-06 | RMNI | ACOSTA JACK L | Dir | M - OptEx | $0.00 | -45.9K | 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 | 2023-06-06 | M | A | 45,918 | $0.00 | 168,481 | D | — | — | |
| 2 | Derivative | Restricted Stock Units | 2023-06-07 | A | A | 40,178 | $0.00 | 40,178 | D | — · — to — | 40,178 Common Stock | (F1) Each Restricted Stock Unit represents a contingent right to receive one share of the Issuer's Common Stock upon vesting. (F3) 100% of the Restricted Stock Units awarded will vest on the earlier to occur of (i) June 7, 2024 or (ii) the day before the date of the Issuer's 2024 Annual Meeting of Stockholders, contingent upon the Reporting Person's continued service as a member of the Issuer's Board of Directors through such date. |
| 3 | Derivative | Restricted Stock Units | 2023-06-06 | M | D | 45,918 | $0.00 | 0 | D | — · — to — | 45,918 Common Stock | (F1) Each Restricted Stock Unit represents a contingent right to receive one share of the Issuer's Common Stock upon vesting. (F2) On March 28, 2023, the Reporting Person was awarded 45,918 Restricted Stock Units, 100% of which vested on June 6, 2023, or the day before the date of the Issuer's 2023 Annual Meeting of Stockholders. |