0002020161-26-000006.txt : 20260306 0002020161-26-000006.hdr.sgml : 20260306 20260306202901 ACCESSION NUMBER: 0002020161-26-000006 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20260304 FILED AS OF DATE: 20260306 DATE AS OF CHANGE: 20260306 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Hershkowitz Steven CENTRAL INDEX KEY: 0002020161 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-37397 FILM NUMBER: 26732914 MAIL ADDRESS: STREET 1: C/O 1700 S. PAVILION CENTER DRIVE STREET 2: SUITE 330 CITY: LAS VEGAS STATE: NV ZIP: 89135 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Rimini Street, Inc. CENTRAL INDEX KEY: 0001635282 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389] ORGANIZATION NAME: 07 Trade & Services EIN: 364880301 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 1700 S. PAVILION CENTER DR. STREET 2: SUITE 330 CITY: LAS VEGAS STATE: NV ZIP: 89135 BUSINESS PHONE: (702) 839-9671 MAIL ADDRESS: STREET 1: 1700 S. PAVILION CENTER DR. STREET 2: SUITE 330 CITY: LAS VEGAS STATE: NV ZIP: 89135 FORMER COMPANY: FORMER CONFORMED NAME: GP Investments Acquisition Corp. DATE OF NAME CHANGE: 20150227 4 1 wk-form4_1772846939.xml FORM 4 X0508 4 2026-03-04 0 0001635282 Rimini Street, Inc. RMNI 0002020161 Hershkowitz Steven C/O 1700 S. PAVILION CENTER DRIVE SUITE 330 LAS VEGAS NV 89135 0 1 0 0 EVP & Chief Revenue Officer 0 Common Stock 2026-03-04 4 M 0 11493 0 A 111438 D Common Stock 2026-03-04 4 S 0 3485 3.6428 D 107953 D Common Stock 2026-03-04 4 M 0 5632 0 A 113585 D Common Stock 2026-03-04 4 S 0 1708 3.6428 D 111877 D Restricted Stock Units 2026-03-04 4 M 0 11493 0 D Common Stock 11493 22989 D Performance Units 2026-03-04 4 M 0 5632 0 D Common Stock 5632 11264 D 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. The Reporting Person did not initiate the sale. Represents one third of the total 16,896 "Earned Performance Units" (as previously reported by the Reporting Person on a Form 4 dated February 20, 2026) under the terms of the Issuer's 2025 Long-Term Incentive Plan based upon the Issuer's achievement against a target "Adjusted EBITDA" performance goal for fiscal year 2025 and the Issuer's achievement against a target "Total Revenue" performance goal for fiscal year 2025, effective as of February 19, 2026 (the date the Issuer filed its Annual Report on Form 10-K for the year ended December 31, 2025). 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 Performance Unit vesting events. The Reporting Person did not initiate the sale. Each Restricted Stock Unit represents a contingent right to receive one share of the Issuer's Common Stock upon vesting. On March 4, 2025, the Reporting Person was granted 34,482 Restricted Stock Units, one-third of which vested on March 4, 2026. The remaining two-thirds will vest ratably on March 4, 2027, and March 4, 2028, generally subject to the Reporting Person continuing to be a Service Provider (as such term is defined in the Issuer's 2013 Equity Incentive Plan) through the vesting date. Each Performance Unit represents a contingent right to receive one share of the Issuer's Common Stock upon vesting. One-third of the "Earned Performance Units" vested on March 4, 2026. The remaining two-thirds vest ratably on March 4, 2027 and March 4, 2028, generally subject to the Reporting Person continuing to be a Service Provider (as such term is defined in the Issuer's 2013 Equity Incentive Plan) through the applicable vesting date. /s/ Celeste Rasmussen Peiffer, as Attorney-in-Fact 2026-03-06