---
schema_version: "secwatch.filing_event.v1"
accession: "0001635282-23-000109"
form_type: "8-K"
ticker: "RMNI"
cik: "0001635282"
company_name: "Rimini Street, Inc."
filed_at: "2023-04-06T23:59:59+00:00"
generated_at: "2026-06-17T05:10:30.858434+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Rimini Street grants $4M in LTI awards to CEO/CFO; raises CEO salary to $475K

## Summary
- CEO Seth Ravin receives $3M LTI: 50% PSUs, 30% RSUs, 20% options.
- CFO Michael Perica receives $1M LTI: 50% PSUs, 20% RSUs, 40% options.
- CEO base salary raised $25K to $475K; target annual incentive increased to $475K.
- CFO target annual incentive raised from $241K to $265K; base salary unchanged at $360K.
- PSUs vest over 3 yrs based on 2023 adjusted EBITDA and revenue goals; RSUs/options vest ratably.

## SEC filing metadata
- accession: 0001635282-23-000109
- form_type: 8-K
- ticker: RMNI
- cik: 0001635282
- company_name: Rimini Street, Inc.
- filed_at: 2023-04-06T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1635282/000163528223000109/0001635282-23-000109-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1635282/000163528223000109/rmni-20230406.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001635282-23-000109
- JSON: https://secwatch.observer/filing/0001635282-23-000109.json
- Plain text: https://secwatch.observer/filing/0001635282-23-000109.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.