SEC Form 4 · accession 0001638599-18-000869

Rimini Street, Inc. · RMNI

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Sebastian Grady

Officer — President

Period of report

Jul 30, 2018

Accepted (ET)

Aug 1, 2018 · 8:33 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
Common Stock	Jul 30, 2018	M	6,289	$1.16	A	6,389	D
Common Stock^F3	Jul 30, 2018	S	6,289	$7.02	D	100	D
Common Stock	Jul 31, 2018	M	3,982	$1.16	A	4,082	D
Common Stock^F4	Jul 31, 2018	S	3,982	$7.03	D	100	D
Common Stock	Aug 1, 2018	M	24,632	$1.16	A	24,732	D
Common Stock^F5	Aug 1, 2018	S	24,632	$7.12	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)^F2	$1.16	Jul 30, 2018	M	6,289	D	—	Jul 1, 2021	Common Stock	6,289	138,117	D
Employee Stock Option (Right to Buy)^F2	$1.16	Jul 31, 2018	M	3,982	D	—	Jul 1, 2021	Common Stock	3,982	134,135	D
Employee Stock Option (Right to Buy)^F2	$1.16	Aug 1, 2018	M	24,632	D	—	Jul 1, 2021	Common Stock	24,632	109,503	D

Explanation of responses

F1The option exercises and sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person.
F2The shares subject to the option are fully-vested and exercisable.
F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.00 to $7.08, inclusive. The Reporting Person undertakes to provide to Rimini Street, Inc., any security holder of Rimini Street, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote of this Form 4.
F4The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.00 to $7.15, inclusive. The Reporting Person undertakes to provide to Rimini Street, Inc., any security holder of Rimini Street, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote of this Form 4.
F5The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.00 to $7.37, inclusive. The Reporting Person undertakes to provide to Rimini Street, Inc., any security holder of Rimini Street, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote of this Form 4.