Filing Details

Accession Number:
0001638599-20-000680
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-07-28 17:26:44
Reporting Period:
2020-07-24
Accepted Time:
2020-07-28 17:26:44
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 2020-07-24 69,964 $1.16 75,464 No 4 M Direct
Common Stock Disposition 2020-07-24 69,964 $5.44 5,500 No 4 S Direct
Common Stock Acquisiton 2020-07-27 42,064 $1.16 47,564 No 4 M Direct
Common Stock Disposition 2020-07-27 42,064 $5.52 5,500 No 4 S Direct
Common Stock Acquisiton 2020-07-28 80,750 $1.16 86,250 No 4 M Direct
Common Stock Disposition 2020-07-28 80,750 $5.64 5,500 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
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 Employee Stock Option (Right to Buy) Disposition 2020-07-24 69,964 $0.00 69,964 $1.16
Common Stock Employee Stock Option (Right to Buy) Disposition 2020-07-27 42,064 $0.00 42,064 $1.16
Common Stock Employee Stock Option (Right to Buy) Disposition 2020-07-28 80,750 $0.00 80,750 $1.16
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
567,877 2021-07-01 No 4 M Direct
525,813 2021-07-01 No 4 M Direct
445,063 2021-07-01 No 4 M Direct
Footnotes
  1. The shares subject to the option are fully-vested and exercisable.
  2. The full exercise price is $1.155607 but due to space limitations could not be entered above.
  3. The option exercises and sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person.
  4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.32 to $5.56, inclusive. The Reporting Person undertakes to provide to Rimini Street, Inc., any security holder of Rimini Street, Inc., or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote of this Form 4.
  5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.44 to $5.64, inclusive. The Reporting Person undertakes to provide to Rimini Street, Inc., any security holder of Rimini Street, Inc., or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote of this Form 4.
  6. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.51 to $5.69, inclusive. The Reporting Person undertakes to provide to Rimini Street, Inc., any security holder of Rimini Street, Inc., or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote of this Form 4.