Form 4 for RMNI Rimini Street, Inc.
Accepted 2024-08-06 00:00:00 ET · period of report 2024-08-02 · accession 0001635282-24-000151 · 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 | 2024-08-06 | 2024-08-02 | RMNI | Maddock Kevin | EVP, ChiefRecurringRev.Off | S - Sale+OE | $1.81 | -1,315 | 109.2K | -1% | -$2,380 |
| D | 2024-08-06 | 2024-08-02 | RMNI | Maddock Kevin | EVP, ChiefRecurringRev.Off | M - OptEx | $0.00 | +3,333 | 110.6K | +3% | $0 |
| D | 2024-08-06 | 2024-08-02 | RMNI | Maddock Kevin | EVP, ChiefRecurringRev.Off | M - OptEx | $0.00 | -3,333 | 3,334 | -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 | 2024-08-02 | S | D | 1,315 | $1.81 | 109,249 | 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 | 2024-08-02 | M | A | 3,333 | $0.00 | 110,564 | D | — | — | |
| 3 | Derivative | Restricted Stock Units | 2024-08-02 | M | D | 3,333 | $0.00 | 3,334 | D | — · — to — | 3,333 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 August 2, 2022, the Reporting Person was granted 10,000 Restricted Stock Units, one-third of which vested on August 2, 2023 and one-third of which vested on August 2, 2024. The remaining one-third will vest on August 2, 2025, subject to the Reporting Person continuing to be a Service Provider (as such term is defined in the Issuer's 2013 Equity Incentive Plan) through such date. |