SEC Form 4 · accession 0001638599-18-001274

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

Nov 13, 2018

Accepted (ET)

Nov 15, 2018 · 7:55 pm EST

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	Nov 13, 2018	M	32,500	$0.87	A	32,600	D
Common Stock^F3	Nov 13, 2018	S	32,500	$5.43	D	100	D
Common Stock	Nov 14, 2018	M	22,500	$0.87	A	22,600	D
Common Stock^F4	Nov 14, 2018	S	22,500	$5.33	D	100	D
Common Stock	Nov 15, 2018	M	37,427	$0.87	A	37,527	D
Common Stock^F5	Nov 15, 2018	S	37,427	$5.47	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) - ISO^F1	$0.87	Nov 13, 2018	M	32,500	D	—	Dec 31, 2018	Common Stock	32,500	70,133	D
Employee Stock Option (Right to Buy) - ISO^F1	$0.87	Nov 14, 2018	M	17,500	D	—	Dec 31, 2018	Common Stock	17,500	52,633	D
Employee Stock Option (Right to Buy) - NQ^F1	$0.87	Nov 14, 2018	M	5,000	D	—	Dec 31, 2018	Common Stock	5,000	256,331	D
Employee Stock Option (Right to Buy) - NQ^F1	$0.87	Nov 15, 2018	M	37,427	D	—	Dec 31, 2018	Common Stock	37,427	218,904	D

Explanation of responses

F1The shares subject to the option are fully-vested and exercisable.
F2The 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.
F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.37 to $5.65, 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 $5.19 to $5.46, 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 $5.31 to $5.77, 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.