Filing Details

Accession Number:
0001635282-22-000051
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-03-04 19:47:13
Reporting Period:
2022-02-23
Accepted Time:
2022-03-04 19:47:13
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
1717127 Sebastian Grady C/O 3993 Howard Hughes Parkway
Suite 500
Las Vegas NV 89169
President 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 2022-02-23 8,333 $0.00 126,718 No 4 M Direct
Common Stock Disposition 2022-02-23 3,424 $4.36 123,294 No 4 S Direct
Common Stock Acquisiton 2022-02-23 1,329 $0.00 124,623 No 4 M Direct
Common Stock Disposition 2022-02-23 546 $4.36 124,077 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
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 2022-02-23 8,333 $0.00 8,333 $0.00
Common Stock Restricted Stock Unit Disposition 2022-02-23 1,329 $0.00 1,329 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
16,667 No 4 M Direct
0 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. On February 23, 2021, the Reporting Person was granted 1,329 Restricted Stock Units, 100% of which vested on February 23, 2022.
  3. Each Restricted Stock Unit represents a contingent right to receive one share of the Issuer's Common Stock upon vesting.
  4. On February 23, 2021, the Reporting Person was granted 25,000 Restricted Stock Units, one-third of which vested on February 23, 2022. The remaining two-thirds vest ratably on February 23, 2023 and February 23, 2024, subject to the Reporting Person's continued service as an employee of the Issuer through the applicable vesting date.