SEC Form 4 · accession 0001638599-18-000583
Rimini Street, Inc. · RMNI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kevin Maddock
Officer — SVP, Global Sales - Recurring
Period of report
May 25, 2018
Accepted (ET)
May 30, 2018 · 6:51 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001635282
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | May 25, 2018 | M | 3,000 | $0.8687 | A | 3,100 | D | |
| Common Stock | May 25, 2018 | S | 3,000 | $5.50 | D | 100 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F1 | $0.8687 | May 25, 2018 | M | 3,000 | D | — | Dec 31, 2018 | Common Stock | 3,000 | 369,931 | D |
Explanation of responses
- F1The shares subject to the option will vest in three (3) equal annual installments on February 6, 2019, February 6, 2020 and February 6, 2021, subject to the Reporting Person's continued service to the Issuer through each such date.