4/A//SEC Filing
ACOSTA JACK L 4/A
Accession 0001635282-23-000085
CIK 0001635282other
Filed
Mar 29, 8:00 PM ET
Accepted
Mar 30, 4:38 PM ET
Size
7.3 KB
Accession
0001635282-23-000085
Insider Transaction Report
Form 4/AAmended
ACOSTA JACK L
Director
Transactions
- Award
Restricted Stock Unit
2023-03-28+45,918→ 45,918 total→ Common Stock (45,918 underlying)
Holdings
- 122,563
Common Stock
Footnotes (3)
- [F1]Each Restricted Stock Unit represents a contingent right to receive one share of the Issuer's Common Stock upon vesting.
- [F2]On June 2, 2022, the Reporting Person filed a Form 4 reporting an award of 27,522 Restricted Stock Units effective as of June 1, 2022. Due to Issuer administrative error, the award was not processed. In accordance with the Issuer's Non-Employee Director Compensation Policy, a copy of which is filed as Exhibit 10.9 to the Issuer's Annual Report on Form 10-K for the year ended December 31, 2022, the Reporting Person is entitled to receive an award of Restricted Stock Units (RSUs) with a grant date value of $180,000. This award was processed effective as of March 28, 2023, resulting in the issuance of 45,918 RSUs to the Reporting Person.
- [F3]100% of the Restricted Stock Units awarded will vest on the earlier to occur of (i) the one year anniversary of the grant date or (ii) the day prior to the Issuer's next Annual Meeting of Stockholders occurring after the grant date (currently, the Issuer's 2023 Annual Meeting of Stockholders), contingent upon the Reporting Person's continued service as a member of the Issuer's Board of Directors through such date.
Documents
Issuer
Rimini Street, Inc.
CIK 0001635282
Entity typeother
Related Parties
1- filerCIK 0001225954
Filing Metadata
- Form type
- 4/A
- Filed
- Mar 29, 8:00 PM ET
- Accepted
- Mar 30, 4:38 PM ET
- Size
- 7.3 KB