RIMINI STREET, INC. ITEM 5.02 DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT
OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS
On April 15, 2021 , during a scheduled meeting of the Board of Directors (the
"Board") of Rimini Street, Inc. (the "Company"), Thomas Ashburn , a member of the
Board since January 2014 , notified the Chairman of his intent to retire
effective as of the end of his current Board term and requested not to be
nominated for re-election. His current Board term ends at the Company's 2021
Annual Meeting of Stockholders currently scheduled for June 2, 2021 .
Also during the April 15, 2021 Board meeting, Antonio Bonchristiano, a member of
the Board since October 2017 , notified the Chairman of his intent to resign from
the Board in order to focus on other commitments that now require more of his
time and attention. Mr. Bonchristiano's resignation from the Board will be
effective as of the date of the Company's first quarter 2021 earnings call
currently scheduled for May 5, 2021 .
As noted in their respective written notices of retirement and resignation from
the Board delivered to the Company after the meeting, neither Mr. Ashburn's nor
Mr. Bonchristiano's planned departures from the Board are because of a
disagreement with the Company on any matter relating to the Company's
operations, policies or practices.
Per resolutions adopted by the Board at its April 15, 2021 meeting, the size of
the Board will be decreased by one person as of the effective date and time of
each of Messrs. Ashburn's and Bonchristiano's departures and, in Mr. Ashburn's
case, immediately prior to the commencement of the 2021 Annual Meeting of
Stockholders.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS
(d) Exhibits.
Exhibit No. Exhibit Title
104 Cover Page Interactive Data File (embedded within the Inline XBRL
document)
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