Filing Details

Accession Number:
0001635282-24-000082
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-04-08 19:39:54
Reporting Period:
2024-04-08
Accepted Time:
2024-04-08 19:39:54
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 Disposition 2024-04-08 82,071 $2.98 425,955 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S 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 and Performance Unit vesting events.The number of shares "sold-to-cover" to satisfy the withholding tax obligations was not determinable until April 8, 2024. The Reporting Person had no control over the timing of the "sell-to-cover" transactions, which were initiated at the direction of the Issuer.See, the Reporting Person's Form 4 filed April 5, 2024, for additional information regarding the associated Restricted Stock Unit and Performance Unit vesting events that automatically triggered the "sell-to-cover" transactions.