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Ownership Document |
Schema Version: X0306 |
Document Type: 4 |
Period of Report: 8/6/22 |
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: 8/6/22 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: M |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 16,668 |
| | | Transaction Price Per Share: |
| Value: 0 |
| | | Transaction Acquired-Disposed Code: |
| Value: A |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 89,257 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Common Stock |
| | Transaction Date: |
| | | Value: 8/9/22 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: S |
| | | Equity Swap Involved? No |
| | | Footnote ID: F1 |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 5,102 |
| | | Transaction Price Per Share: |
| Value: 5.576 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| Footnote ID: F1 |
| | 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: Restricted Stock Unit |
| | Conversion or Exercise Price: |
| | | Footnote ID: F2 |
| | Transaction Date: |
| | | Value: 8/6/22 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: M |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 16,668 |
| | | 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: 16,668.0 |
| | 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 August 6, 2019, the Reporting Person was granted 50,000 Restricted Stock Units, one-third of which vested on August 6, 2020, one-third of which vested on August 6, 2021 and one third of which vested on August 6, 2022, subject to the Reporting Person's continued service as an employee of the Issuer through the applicable vesting date. |
Remarks: |
Owner Signature: |
| Signature Name: /s/Celeste R. Peiffer, as Attorney-in-Fact |
| Signature Date: 8/9/22 |