Filing Details
- Accession Number:
- 0001635282-23-000140
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2023-06-06 18:31:40
- Reporting Period:
- 2023-06-03
- Accepted Time:
- 2023-06-06 18:31:40
- 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 1700 S. Pavilion Center Drive Suite 330 Las Vegas NV 89135 | President, Ceo & Chairman | 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 | 2023-06-03 | 77,356 | $0.00 | 232,504 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2023-06-04 | 21,234 | $4.28 | 211,270 | 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 | 2023-06-03 | 77,356 | $0.00 | 77,356 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock | 10,491,309 | 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 June 3, 2020, the Reporting Person was granted 232,062 Restricted Stock Units, which Restricted Stock Units vested ratably in one-third increments on each of June 3, 2021, June 3, 2022 and June 3, 2023, subject to the Reporting Person's continued service as an employee of the Issuer and/or a member of the Issuer's Board of Directors through the applicable vesting date.
Billionaire Hedge Funds
