4//SEC Filing
Brossard Gerard 4
Accession 0001638599-21-000517
CIK 0001635282other
Filed
Jun 3, 8:00 PM ET
Accepted
Jun 4, 6:43 PM ET
Size
9.3 KB
Accession
0001638599-21-000517
Insider Transaction Report
Form 4
Brossard Gerard
EVP & Chief Operating Officer
Transactions
- Exercise/Conversion
Common Stock
2021-06-03+66,666→ 66,666 total - Exercise/Conversion
Restricted Stock Unit
2021-06-03−66,666→ 133,334 total→ Common Stock (66,666 underlying) - Sale
Common Stock
2021-06-03$6.40/sh−23,054$147,546→ 43,612 total
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 3, 2020, the Reporting Person was granted 200,000 Restricted Stock Units, one-third of which vested ratably on June 3, 2021. The remaining two-thirds vest ratably on June 3, 2022 and June 3, 2023, respectively, subject to the Reporting Person's continued service as an employee of the Issuer through the applicable 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 0001639839
Filing Metadata
- Form type
- 4
- Filed
- Jun 3, 8:00 PM ET
- Accepted
- Jun 4, 6:43 PM ET
- Size
- 9.3 KB