Salaets Steven 4
4 · Rimini Street, Inc. · Filed Aug 8, 2023
Insider Transaction Report
Form 4
Salaets Steven
SVPGlblSecurity&Compliance/CIO
Transactions
- Exercise/Conversion
Common Stock
2023-08-04+33,334→ 196,507 total - Exercise/Conversion
Restricted Stock Unit
2023-08-04−33,334→ 0 total→ Common Stock (33,334 underlying) - Sale
Common Stock
2023-08-04$2.56/sh−8,064$20,628→ 188,443 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 100,000 Restricted Stock Units, one-third of which vested on August 4, 2021, one-third of which vested on August 4, 2022, and one-third of which vested on August 4, 2023.