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Ownership Document |
Schema Version: X0306 |
Document Type: 4 |
Period of Report: 9/8/22 |
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: 1717861 |
| | Owner Name: Lyskawa Nancy |
| Reporting Owner Address: |
| | Owner Street 1: C/O 3993 HOWARD HUGHES PARKWAY |
| | Owner Street 2: SUITE 500 |
| | Owner City: LAS VEGAS |
| | Owner State: NV |
| | Owner ZIP Code: 89169 |
| | Owner State Description: |
| Reporting Owner Relationship: |
| | Is Director? No |
| | Is Officer? Yes |
| | Is Ten Percent Owner? No |
| | Is Other? No |
| | Officer Title: EVP - Global Client Onboarding |
| | Other Text: |
Non-Derivative Table: |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Common Stock |
| | Transaction Date: |
| | | Value: 9/8/22 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: M |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 11,970 |
| | | Transaction Price Per Share: |
| Value: 1.295 |
| | | Transaction Acquired-Disposed Code: |
| Value: A |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 96,125 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Common Stock |
| | Transaction Date: |
| | | Value: 9/8/22 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: S |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 11,970 |
| | | Transaction Price Per Share: |
| Value: 4.867 |
| Footnote ID: F1 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 84,155 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
Derivative Table: |
| Derivative Transaction: |
| | Security Title: |
| | | Value: Employee Stock Options (Right to Buy) |
| | Conversion or Exercise Price: |
| | | Value: 1.295 |
| | Transaction Date: |
| | | Value: 9/8/22 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: M |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 11,970 |
| | | Transaction Price Per Share: |
| Value: 0 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Exercise Date: |
| | | Footnote ID: F2 |
| | Expiration Date: |
| | | Value: 10/1/23 |
| | Underlying Security: |
| | | Underlying Security Title: |
| Value: Common Stock |
| | | Underlying Security Shares: |
| Value: 11,970.0 |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 0 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
Footnotes: |
| Footnote - F1: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.86 to $4.88, inclusive. The Reporting Person undertakes to provide to Rimini Street, Inc., any security holder of Rimini Street, Inc., or the staff of the United States Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote of this Form 4. |
| Footnote - F2: The shares subject to the option are fully-vested and exercisable. |
Remarks: |
Owner Signature: |
| Signature Name: /s/Celeste R. Peiffer, as Attorney-in-Fact |
| Signature Date: 9/9/22 |