4//SEC Filing
Brossard Gerard 4
Accession 0001635282-21-000169
CIK 0001635282other
Filed
Nov 23, 7:00 PM ET
Accepted
Nov 24, 4:02 PM ET
Size
9.2 KB
Accession
0001635282-21-000169
Insider Transaction Report
Form 4
Brossard Gerard
EVP & Chief Operating Officer
Transactions
- Sale
Common Stock
2021-11-20$6.83/sh−28,200$192,558→ 82,078 total - Exercise/Conversion
Common Stock
2021-11-22+66,666→ 110,278 total - Exercise/Conversion
Restricted Stock Unit
2021-11-20−66,666→ 133,334 total→ Common Stock (66,666 underlying)
Footnotes (3)
- [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.
- [F2]Each Restricted Stock Unit represents a contingent right to receive one share of the Issuer's Common Stock upon vesting.
- [F3]On November 20, 2020, the Reporting Person was granted 200,000 Restricted Stock Units, one-third of which vested ratably on Saturday, November 20, 2021 (with a deemed transaction date of Monday, November 22, 2021). The remaining two-thirds vest ratably on November 20, 2022 and November 20, 2023, subject to the Reporting Person's continued service as an employee of the Issuer through the applicable vesting date.
Documents
Issuer
Rimini Street, Inc.
CIK 0001635282
Entity typeother
Related Parties
1- filerCIK 0001639839
Filing Metadata
- Form type
- 4
- Filed
- Nov 23, 7:00 PM ET
- Accepted
- Nov 24, 4:02 PM ET
- Size
- 9.2 KB