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
  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. Each Restricted Stock Unit represents a contingent right to receive one share of the Issuer's Common Stock upon vesting.
  3. 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.