| | | | | | | | | | | | | | | | | | | | | |
Ownership Document |
Schema Version: X0508 |
Document Type: 4 |
Period of Report: 4/6/24 |
Not Subject to Section 16: 0 |
Issuer: |
| Issuer CIK: 1635282 |
| Issuer Name: Rimini Street, Inc. |
| Issuer Trading Symbol: RMNI |
Reporting Owner: |
| Reporting Owner ID: |
| | Owner CIK: 1824290 |
| | Owner Name: Perica Michael L. |
| Reporting Owner Address: |
| | Owner Street 1: C/O 1700 S. PAVILION CENTER DRIVE |
| | Owner Street 2: SUITE 330 |
| | Owner City: LAS VEGAS |
| | Owner State: NV |
| | Owner ZIP Code: 89135 |
| | Owner State Description: |
| Reporting Owner Relationship: |
| | Is Director? No |
| | Is Officer? Yes |
| | Is Ten Percent Owner? No |
| | Is Other? No |
| | Officer Title: EVP & Chief Financial Officer |
Aff 10b5 One: 0 |
Non-Derivative Table: |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Common Stock |
| | Transaction Date: |
| | | Value: 4/6/24 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: M |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 8,334 |
| | | Transaction Price Per Share: |
| Value: 0 |
| | | Transaction Acquired-Disposed Code: |
| Value: A |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 149,851 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Common Stock |
| | Transaction Date: |
| | | Value: 4/8/24 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: S |
| | | Equity Swap Involved? No |
| | | Footnote ID: F1 |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 3,412 |
| Footnote ID: F1 |
| | | Transaction Price Per Share: |
| Value: 2.93 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| Footnote ID: F1 |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 146,439 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
Derivative Table: |
| Derivative Transaction: |
| | Security Title: |
| | | Value: Restricted Stock Unit |
| | Conversion or Exercise Price: |
| | | Footnote ID: F2 |
| | Transaction Date: |
| | | Value: 4/6/24 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: M |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 8,334 |
| | | Transaction Price Per Share: |
| Value: 0 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Exercise Date: |
| | | Footnote ID: F3 |
| | Expiration Date: |
| | | Footnote ID: F3 |
| | Underlying Security: |
| | | Underlying Security Title: |
| Value: Common Stock |
| | | Underlying Security Shares: |
| Value: 8,334 |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 0 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
Footnotes: |
| Footnote - F1: 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. |
| Footnote - F2: Each Restricted Stock Unit represents a contingent right to receive one share of the Issuer's Common Stock upon vesting. |
| Footnote - F3: On April 6, 2021, the Reporting Person was granted 25,000 Restricted Stock Units, one-third of which vested on each of April 6, 2022, April 6, 2023 and April 6, 2024, in each case subject to the Reporting Person's continued service as a Service Provider (as such term is defined in the Company's 2013 Equity Incentive Plan) through the applicable vesting date.. |
Remarks: |
Owner Signature: |
| Signature Name: /s/ Celeste Rasmussen Peiffer, as Attorney-in-Fact |
| Signature Date: 4/10/24 |