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Filing Details

Accession Number:: 0001635282-25-000145
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2025-05-08 20:21:58
Reporting Period:: 2025-05-06

Filing Date:: 2025-05-08
Accepted Time:: 2025-05-08 20:21:58
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
1717861	Nancy Lyskawa	C/O 1700 S. Pavilion Center Drive Suite 330 Las Vegas NV 89135	Evp & Chief Client Officer	No	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Acquisiton	2025-05-06	16,193	$0.00	172,446	No	4	M	Direct
Common Stock	Disposition	2025-05-06	4,783	$3.28	167,663	No	4	S	Direct
Common Stock	Acquisiton	2025-05-06	4,534	$0.00	172,197	No	4	M	Direct
Common Stock	Disposition	2025-05-06	1,337	$3.28	170,860	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	S	Direct
No	4	M	Direct
No	4	S	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Restricted Stock Units	Disposition	2025-05-06	16,193	$0.00	16,193	$0.00
Common Stock	Performance Units	Disposition	2025-05-06	4,534	$0.00	4,534	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
32,389			No	4	M	Direct
9,068			No	4	M	Direct

Footnotes

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. The Reporting Person did not initiate the sale.
Represents one third of the total 13,602 "Earned Performance Units" (as previously reported by the Reporting Person on a Form 4 dated March 3, 2025) under the terms of the Issuer's 2013 Long-Term Incentive Plan based upon the Issuer's achievement against a target adjusted EBITDA goal for fiscal year 2024 and the Issuer's achievement of a target total revenue goal for fiscal year 2024, effective as of February 27, 2025 (the date the Issuer filed its Annual Report on Form 10-K for the year ended December 31, 2024).
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 Performance Unit vesting events. The Reporting Person did not initiate the sale.
Each Restricted Stock Unit represents a contingent right to receive one share of the Issuer's Common Stock upon vesting.
On May 6, 2024, the Reporting Person was granted 48,582 Restricted Stock Units, one-third of which vested on May 6, 2025. The remaining two-thirds vest ratably on May 6, 2026 and May 6, 2027, generally subject to the Reporting Person continuing to be a Service Provider (as such term is defined in the Issuer's 2013 Equity Incentive Plan) through the applicable vesting date.
Each Performance Unit represents a contingent right to receive one share of the Issuer's Common Stock upon vesting.
One-third of the "Earned Performance Units" vested on May 6, 2025. The remaining two-thirds vest ratably on May 6, 2026 and May 6, 2027, generally subject to the Reporting Person continuing to be a Service Provider (as such term is defined in the Issuer's 2013 Equity Incentive Plan) through the applicable vesting date.