other material
confidence high
sentiment neutral
materiality 0.50
Rimini Street approves 2025 LTI Plan with PSUs, RSUs, and stock options for executives
Rimini Street, Inc.
- CEO Seth Ravin receives target equity value of $2.4M (50% PSUs, 30% RSUs, 20% stock options).
- CFO Michael Perica receives $1M target; other NEOs (Maddock, Lyskawa, Rowe) each $300K.
- PSUs earned based on 2025 adjusted EBITDA (50%) and total revenue (50%); payout 0-200% of target.
- All awards vest over three years; options exercise price $3.48; Ravin gets non-qualified options.