Filing Details

Accession Number:
0001638599-21-000461
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-05-11 13:00:00
Reporting Period:
2021-05-07
Accepted Time:
2021-05-11 21:42:09
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 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 2021-05-07 8,333 $0.00 15,288 No 4 M Direct
Common Stock Disposition 2021-05-07 2,288 $7.71 13,000 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 2021-05-07 8,333 $0.00 8,333 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
8,334 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 13,027,316 Indirect Through the SAR Trust
Footnotes
  1. Each Restricted Stock Unit represents a contingent right to receive one share of the Issuer's Common Stock upon vesting.
  2. On May 7, 2019, the Reporting Person was granted 25,000 Restricted Stock Units, two-thirds of which vested ratably on May 7, 2020 and May 7, 2021, respectively. The remaining one-third vests on May 7, 2022, subject to the Reporting Person's continued service as an employee of the Issuer through the vesting date
  3. 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.