Form 4 for RMNI Rimini Street, Inc.
Accepted 2024-12-17 00:00:00 ET · period of report 2024-12-13 · accession 0001635282-24-000185 · 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 | 2024-12-17 | 2024-12-13 | RMNI | Ravin Seth A. | Pres, CEO, COB, Dir, 10% | S - Sale+OE | $2.20 | -14.4K | 444.9K | -3% | -$31.6K |
| D | 2024-12-17 | 2024-12-13 | RMNI | Ravin Seth A. | Pres, CEO, COB, Dir, 10% | M - OptEx | $0.00 | +33.3K | 459.3K | +8% | $0 |
| D | 2024-12-17 | 2024-12-13 | RMNI | Ravin Seth A. | Pres, CEO, COB, Dir, 10% | M - OptEx | $0.00 | -33.3K | 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 | 2024-12-13 | S | D | 14,375 | $2.20 | 444,914 | 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 | 2024-12-13 | M | A | 33,334 | $0.00 | 459,289 | D | — | — | |
| 3 | Derivative | Restricted Stock Unit | 2024-12-13 | M | D | 33,334 | $0.00 | 0 | D | — · — to — | 33,334 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 December 13, 2021, the Reporting Person was granted 100,000 Restricted Stock Units, one-third of which vested on December 13, 2022, one-third of which vested on December 13, 2023, and one-third of which vested on December 13, 2024, subject to the Reporting Person's continuing to be a Service Provider (as such term is defined in the Issuer's 2013 Equity Incentive Plan) through the applicable vesting date. |