Winslow Daniel B. 4
4 · Rimini Street, Inc. · Filed Aug 6, 2021
Insider Transaction Report
Form 4
Winslow Daniel B.
SVP & General Counsel
Transactions
- Exercise/Conversion
Common Stock
2021-08-04+16,666→ 58,342 total - Sale
Common Stock
2021-08-04$8.31/sh−7,137$59,308→ 51,205 total - Exercise/Conversion
Restricted Stock Unit
2021-08-04−16,666→ 33,334 total→ Common Stock (16,666 underlying)
Footnotes (3)
- [F1]Each Restricted Stock Unit represents a contingent right to receive one share of the Issuer's Common Stock upon vesting.
- [F2]Reported transaction is an automatically-triggered "sell-to-cover" transaction related to the payment of withholding tax obligations pursuant to the Issuer's policy for tax withholdings associated with Restricted Stock Unit vesting events.
- [F3]On August 4, 2020, the Reporting Person was granted 50,000 Restricted Stock Units, one-third of which vested ratably on August 4, 2021. The remaining two-thirds vest ratably on August 4, 2022 and August 4, 2023, subject to the Reporting Person's continued service as an employee of the Issuer through the applicable vesting date.