Filing Details

Accession Number:
0001635282-24-000054
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-03-05 18:39:53
Reporting Period:
2024-03-03
Accepted Time:
2024-03-05 18:39:53
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 2024-03-03 6,666 $0.00 241,788 No 4 M Direct
Common Stock Disposition 2024-03-05 2,205 $2.85 239,583 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 Units Disposition 2024-03-03 6,666 $0.00 6,666 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
13,334 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
  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 March 3, 2023 the Reporting Person was granted 20,000 Restricted Stock Units, one-third of which vested on March 3, 2024. The remaining two-thirds vest ratably on March 3, 2025 and March 3, 2026, subject to the Reporting Person's continued service as an employee of the Issuer through the applicable vesting date.