Filing Details

Accession Number:
0001635282-21-000169
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-11-24 16:02:45
Reporting Period:
2021-11-20
Accepted Time:
2021-11-24 16:02:45
SEC Url:
Form 4 Filing
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 2021-11-22 66,666 $0.00 110,278 No 4 M Direct
Common Stock Disposition 2021-11-20 28,200 $6.83 82,078 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 2021-11-20 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
  1. 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. Each Restricted Stock Unit represents a contingent right to receive one share of the Issuer's Common Stock upon vesting.
  3. On November 20, 2020, the Reporting Person was granted 200,000 Restricted Stock Units, one-third of which vested ratably on Saturday, November 20, 2021 (with a deemed transaction date of Monday, November 22, 2021). The remaining two-thirds vest ratably on November 20, 2022 and November 20, 2023, subject to the Reporting Person's continued service as an employee of the Issuer through the applicable vesting date.