Form 4 for RMNI Rimini Street, Inc.
Accepted 2023-08-08 00:00:00 ET · period of report 2023-08-04 · accession 0001635282-23-000192 · 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 | 2023-08-08 | 2023-08-04 | RMNI | Maddock Kevin | EVP, ChiefRecurringRev.Off | M - OptEx | $0.00 | +16.7K | 84.2K | +25% | $0 |
| D | 2023-08-08 | 2023-08-04 | RMNI | Maddock Kevin | EVP, ChiefRecurringRev.Off | S - Sale+OE | $2.56 | -5,729 | 78.5K | -7% | -$14.7K |
| D | 2023-08-08 | 2023-08-04 | RMNI | Maddock Kevin | EVP, ChiefRecurringRev.Off | M - OptEx | $0.00 | -16.7K | 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 | 2023-08-04 | M | A | 16,668 | $0.00 | 84,188 | D | — | — | |
| 2 | Common | Common Stock | 2023-08-04 | S | D | 5,729 | $2.56 | 78,459 | 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 | 2023-08-04 | M | D | 16,668 | $0.00 | 0 | D | — · — to — | 16,668 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 August 4, 2020, the Reporting Person was granted 50,000 Restricted Stock Units, one-third of which vested on August 4, 2021, one-third of which vested on August 4, 2022, and one-third of which vested on August 4, 2023. |