SEC Form 4 · accession 0001638599-18-001288

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 21, 2018

Accepted (ET)

Nov 26, 2018 · 5:49 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 21, 2018	M	32,500	$0.87	A	32,600	D
Common Stock^F3	Nov 21, 2018	S	32,500	$5.22	D	100	D
Common Stock	Nov 23, 2018	M	18,267	$0.87	A	18,367	D
Common Stock^F4	Nov 23, 2018	S	18,267	$5.06	D	100	D
Common Stock	Nov 26, 2018	M	22,519	$0.87	A	22,619	D
Common Stock^F5	Nov 26, 2018	S	22,519	$5.08	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) - NQ^F1	$0.87	Nov 21, 2018	M	32,500	D	—	Dec 31, 2018	Common Stock	32,500	108,904	D
Employee Stock Option (Right to Buy) - NQ^F1	$0.87	Nov 23, 2018	M	18,267	D	—	Dec 31, 2018	Common Stock	18,267	90,637	D
Employee Stock Option (Right to Buy) - NQ^F1	$0.87	Nov 26, 2018	M	22,519	D	—	Dec 31, 2018	Common Stock	22,519	68,118	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 $5.05 to $5.43, 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 $5.00 to $5.20, 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 $5.05 to $5.37, 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.