4//SEC Filing
Mbugua Stanley 4
Accession 0001638599-21-000284
CIK 0001635282other
Filed
Feb 25, 7:00 PM ET
Accepted
Feb 26, 7:01 PM ET
Size
9.5 KB
Accession
0001638599-21-000284
Insider Transaction Report
Form 4
Mbugua Stanley
GVP & Chief Accounting Officer
Transactions
- Sale
Common Stock
2021-02-25$7.66/sh−1,370$10,494→ 2,064 total - Exercise/Conversion
Common Stock
2021-02-25+3,333→ 3,434 total - Exercise/Conversion
Restricted Stock Unit
2021-02-25−3,333→ 6,667 total→ Common Stock (3,333 underlying)
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 February 25, 2020, the Reporting Person was granted 10,000 Restricted Stock Units, one-third of which vested on February 25, 2021. The remaining two-thirds vest ratably on February 25, 2022 and February 25, 2023, respectively, subject to the Reporting Person's continued service as an employee of the Issuer through each vesting date.
- [F3]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.
Documents
Issuer
Rimini Street, Inc.
CIK 0001635282
Entity typeother
Related Parties
1- filerCIK 0001625441
Filing Metadata
- Form type
- 4
- Filed
- Feb 25, 7:00 PM ET
- Accepted
- Feb 26, 7:01 PM ET
- Size
- 9.5 KB