SEC Form 4 · accession 0001638599-18-001296

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 27, 2018

Accepted (ET)

Nov 29, 2018 · 5:25 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 27, 2018	M	32,500	$0.87	A	32,600	D
Common Stock^F3	Nov 27, 2018	S	32,500	$5.23	D	100	D
Common Stock	Nov 28, 2018	M	18,267	$0.87	A	18,367	D
Common Stock^F4	Nov 28, 2018	S	18,267	$5.11	D	100	D
Common Stock	Nov 28, 2018	M	52,633	$0.87	A	52,733	D
Common Stock	Nov 29, 2018	M	22,519	$0.87	A	75,252	D
Common Stock^F5	Nov 29, 2018	S	22,519	$5.08	D	52,733	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 27, 2018	M	17,940	D	—	Dec 31, 2018	Common Stock	17,940	50,178	D
Employee Stock Option (Right to Buy) - NQ^F1	$0.87	Nov 28, 2018	M	17,500	D	—	Dec 31, 2018	Common Stock	17,500	32,678	D
Employee Stock Option (Right to Buy) - ISO^F1	$0.87	Nov 28, 2018	M	52,633	D	—	Dec 31, 2018	Common Stock	52,633	0	D
Employee Stock Option (Right to Buy) - NQ^F1	$0.87	Nov 29, 2018	M	18,185	D	—	Dec 31, 2018	Common Stock	18,185	14,493	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 $5.12 to $5.30, 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 $5.03 to $5.25, 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 $5.03 to $5.17, 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.