Home > Insider Trading > Filing (0001638599-21-000517)

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
1639839	Gerard Brossard	C/O 3993 Howard Hughes Parkway Suite 500 Las Vegas NV 89169	Chief Operating Officer	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	Explanation
Common Stock	Acquisiton	2021-06-03	66,666	$0.00	66,666	No	4	M	Direct
Common Stock	Disposition	2021-06-03	23,054	$6.40	43,612	No	4	S	Direct

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

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Restricted Stock Unit	Disposition	2021-06-03	66,666	$0.00	66,666	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
133,334			No	4	M	Direct

Footnotes

Each Restricted Stock Unit represents a contingent right to receive one share of the Issuer's Common Stock upon vesting.
On June 3, 2020, the Reporting Person was granted 200,000 Restricted Stock Units, one-third of which vested ratably on June 3, 2021. The remaining two-thirds vest ratably on June 3, 2022 and June 3, 2023, respectively, subject to the Reporting Person's continued service as an employee of the Issuer through the applicable vesting date.
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.