Rimini Street approves 2026 LTI Plan for executives; CEO grant valued at $2.64M

Rimini Street, Inc.

CEO Seth Ravin gets $2.64M target grant: 354,838 PSUs, 212,903 RSUs, 221,028 options at $3.72 strike.
CFO Michael Perica gets $1M grant; other NEOs (Hershkowitz, Maddock, Rowe) each get $300K.
PSUs based on 2026 adjusted EBITDA and total revenue targets; earned shares range 0-200% of target.
RSUs and stock options vest over three years; exercise price equals $3.72 closing price on grant date.
Accelerated vesting provisions for CEO and other NEOs on termination without cause or change of control.

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