Filing Details
- Accession Number:
- 0001635282-22-000216
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2022-12-15 17:28:52
- Reporting Period:
- 2022-12-13
- Accepted Time:
- 2022-12-15 17:28:52
- 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 |
---|---|---|---|---|---|---|---|
1717716 | A. Seth Ravin | C/O 3993 Howard Hughes Parkway Suite 500 Las Vegas NV 89169 | Ceo & Chairman Of The Board | Yes | Yes | Yes | 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 | 2022-12-13 | 33,333 | $0.00 | 164,304 | No | 4 | M | Direct | |
Common Stock | Disposition | 2022-12-13 | 9,156 | $4.08 | 155,148 | 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 | 2022-12-13 | 33,333 | $0.00 | 33,333 | $0.00 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
66,667 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Common Stock | 1,306,509 | Indirect | Through the SAR Trust |
Footnotes
- 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.
- Each Restricted Stock Unit represents a contingent right to receive one share of the Issuer's Common Stock upon vesting.
- On December 13, 2021, the Reporting Person was granted 100,000 Restricted Stock Units, one-third of which vested on December 13, 2022. The remaining two-thirds vest ratably on December 13, 2023 and December 13, 2024, subject to the Reporting Person's continued service as an employee of the Issuer through the applicable vesting date.