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Rimini Street, Inc. — Director's Dealing 2023
Feb 28, 2023
32928_dirs_2023-02-27_9ed107de-0b53-4069-8051-9908baf3f00f.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: 2023-02-23
Reporting Person: Perica Michael L. (EVP & Chief Financial Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-02-23 | Common Stock | M | 8333 | — | Acquired | 79164 | Direct |
| 2023-02-23 | Common Stock | S | 3639 | $4.344 | Disposed | 75525 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-02-23 | Restricted Stock Unit | $ | M | 8333 | Disposed | Common Stock (8333.0) | Direct |
Footnotes
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.
F2: Each Restricted Stock Unit represents a contingent right to receive one share of the Issuer's Common Stock upon vesting.
F3: On February 23, 2021, the Reporting Person was granted 25,000 Restricted Stock Units, one-third of which vested on February 23, 2022 and one-third of which vested on February 23, 2023. The remaining one-third vests on February 23, 2024, subject to the Reporting Person's continued service as an employee of the Issuer through the vesting date.