4//SEC Filing
Grady Sebastian 4
Accession 0001635282-23-000040
CIK 0001635282other
Filed
Feb 26, 7:00 PM ET
Accepted
Feb 27, 9:28 PM ET
Size
8.8 KB
Accession
0001635282-23-000040
Insider Transaction Report
Form 4
Grady Sebastian
President
Transactions
- Exercise/Conversion
Common Stock
2023-02-23+8,333→ 164,866 total - Sale
Common Stock
2023-02-23$4.34/sh−3,573$15,521→ 161,293 total - Exercise/Conversion
Restricted Stock Unit
2023-02-23−8,333→ 8,334 total→ Common Stock (8,333 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 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.
Documents
Issuer
Rimini Street, Inc.
CIK 0001635282
Entity typeother
Related Parties
1- filerCIK 0001717127
Filing Metadata
- Form type
- 4
- Filed
- Feb 26, 7:00 PM ET
- Accepted
- Feb 27, 9:28 PM ET
- Size
- 8.8 KB