4//SEC Filing
Hershkowitz Steven 4
Accession 0001635282-25-000134
CIK 0001635282other
Filed
Apr 30, 8:00 PM ET
Accepted
May 1, 9:22 PM ET
Size
9.1 KB
Accession
0001635282-25-000134
Insider Transaction Report
Form 4
Hershkowitz Steven
EVP & Chief Revenue Officer
Transactions
- Exercise/Conversion
Restricted Stock Units
2025-04-30−99,999→ 200,001 total→ Common Stock (99,999 underlying) - Exercise/Conversion
Common Stock
2025-04-30+99,999→ 99,999 total - Sale
Common Stock
2025-04-30$3.47/sh−24,974$86,725→ 75,025 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. The Reporting Person did not initiate the sale.
- [F2]Each Restricted Stock Unit represents a contingent right to receive one share of the Issuer's Common Stock upon vesting.
- [F3]On April 30, 2024, the Reporting Person was granted 300,000 Restricted Stock Units., one-third of which vested on April 30, 2025. The remaining two-thirds vest ratably on April 30, 2026 and April 30, 2027, generally subject to the Reporting Person continuing to be a Service Provider (as such term is defined in the Issuer's 2013 Equity Incentive Plan) through the applicable vesting date.
Documents
Issuer
Rimini Street, Inc.
CIK 0001635282
Entity typeother
Related Parties
1- filerCIK 0002020161
Filing Metadata
- Form type
- 4
- Filed
- Apr 30, 8:00 PM ET
- Accepted
- May 1, 9:22 PM ET
- Size
- 9.1 KB