4//SEC Filing
Grady Sebastian 4
Accession 0001635282-22-000172
CIK 0001635282other
Filed
Aug 7, 8:00 PM ET
Accepted
Aug 8, 4:07 PM ET
Size
8.8 KB
Accession
0001635282-22-000172
Insider Transaction Report
Form 4
Grady Sebastian
President
Transactions
- Exercise/Conversion
Restricted Stock Unit
2022-08-04−16,666→ 16,668 total→ Common Stock (16,666 underlying) - Sale
Common Stock
2022-08-04$5.83/sh−6,266$36,506→ 139,771 total - Exercise/Conversion
Common Stock
2022-08-04+16,666→ 146,037 total
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 August 4, 2020, the Reporting Person was granted 50,000 Restricted Stock Units, one-third of which vested on August 4, 2021 and one-third of which vested on August 4, 2022. The remaining one-third will vest on August 4, 2023, subject to the Reporting Person's continued service as an employee of the Issuer through the vesting date.
Documents
Issuer
Rimini Street, Inc.
CIK 0001635282
Entity typeother
Related Parties
1- filerCIK 0001717127
Filing Metadata
- Form type
- 4
- Filed
- Aug 7, 8:00 PM ET
- Accepted
- Aug 8, 4:07 PM ET
- Size
- 8.8 KB