Slepko Brian 4
4 · Rimini Street, Inc. · Filed Feb 27, 2023
Insider Transaction Report
Form 4
Slepko Brian
SVP, Global Service Delivery
Transactions
- Exercise/Conversion
Restricted Stock Units
2023-02-23−8,333→ 8,334 total→ Common Stock (8,333 underlying) - Exercise/Conversion
Common Stock
2023-02-23+8,333→ 938,696 total - Sale
Common Stock
2023-02-23$4.34/sh−3,563$15,478→ 935,133 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 February 23, 2021, the Reporting Person was granted 25,000 Restricted Stock Units, one-third of which vested on February 23, 2022 and one-third of which vested on February 23, 2023. The remaining one-third vests on February 23, 2024, subject to the Reporting Person's continued service as an employee of the Issuer through the vesting date.