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Rimini Street, Inc. — Director's Dealing 2021
Oct 4, 2021
32928_dirs_2021-10-04_ddb6528e-8394-4446-bb5f-54d7cc909386.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Rimini Street, Inc. (RMNI)
CIK: 0001635282
Period of Report: 2021-10-01
Reporting Person: Perica Michael L. (EVP & Chief Financial Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-10-01 | Common Stock | M | 33333 | — | Acquired | 33333 | Direct |
| 2021-10-01 | Common Stock | S | 8465 | $9.81 | Disposed | 24868 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-10-01 | Restricted Stock Unit | $ | M | 33333 | Disposed | Common Stock (33333.0) | Direct |
Footnotes
F1: Each Restricted Stock Unit represents a contingent right to receive one share of the Issuer's Common Stock upon vesting.
F2: 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.
F3: On October 1, 2020, the Reporting Person was granted 100,000 Restricted Stock Units, one-third of which vested ratably on October 1, 2021. The remaining two-thirds vest ratably on October 1, 2022 and October 1, 2023, subject to the Reporting Person's continued service as an employee of the Issuer through the applicable vesting date.