Home > Insider Trading > Filing (0001638599-20-000459)

Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1635282	Rimini Street Inc.	RMNI	Services-Business Services, Nec (7389)	364880301

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1717500	W. David Rowe	C/O 3993 Howard Hughes Parkway Suite 500 Las Vegas NV 89169	Evp And Cmo	No	Yes	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Acquisiton	2020-05-07	8,333	$0.00	84,275	No	4	M	Direct
Common Stock	Acquisiton	2020-05-08	8,301	$1.05	92,576	No	4	M	Direct
Common Stock	Disposition	2020-05-08	8,301	$4.50	84,275	No	4	S	Direct
Common Stock	Disposition	2020-05-11	2,857	$4.16	81,418	No	4	F	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	M	Direct
No	4	S	Direct
No	4	F	Direct

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Restricted Stock Unit	Disposition	2020-05-07	8,333	$0.00	8,333	$0.00
Common Stock	Employee Stock Option (Right to Buy)	Disposition	2020-05-08	8,301	$0.00	8,301	$1.05

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
16,667			No	4	M	Direct
32,765		2020-05-31	No	4	M	Direct

Footnotes

The shares subject to the option are fully-vested and exercisable.
The full exercise price is $1.049792 but due to space limitations could not be entered above.
The option exercises and sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.20 to $4.61, inclusive. The Reporting Person undertakes to provide to Rimini Street, Inc., any security holder of Rimini Street, Inc., or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote of this Form 4.
Each Restricted Stock Unit represents a contingent right to receive one share of the Issuer's Common Stock upon vesting.
On May 7, 2019, the reporting person was granted 25,000 Restricted Stock Units, one-third of which vested on May 7, 2020. The remaining two-thirds vest ratably on May 7, 2021 and May 7, 2022, respectively, subject to the reporting person's continued service as an employee of the Issuer.