tiprankstipranks
Rimini Street Launches Long-Term Executive Incentive Plan
Company Announcements

Rimini Street Launches Long-Term Executive Incentive Plan

Don't Miss our Black Friday Offers:

Rimini Street Inc (RMNI) just unveiled an update.

Rimini Street, Inc. has launched its 2024 Long-Term Incentive Plan, offering a mix of performance units, restricted stock units, and stock options to its executive officers. The plan is designed to align with the company’s equity incentive strategies and includes various vesting conditions based on company performance and continued service. Executives will have their awards vest over a period of years, provided they remain with the company, with specific provisions for accelerated vesting in certain scenarios like a change of control or termination without cause. The plan’s success is tied to the achievement of performance goals, including adjusted EBITDA and total revenue targets.

For detailed information about RMNI stock, go to TipRanks’ Stock Analysis page.

Related Articles
TheFlyRimini Street price target lowered to $2.25 from $3 at Alliance Global Partners
TipRanks Auto-Generated NewsdeskRimini Street’s Revenue Dips: Navigating Growth Challenges and Profitability Risks
TipRanks Auto-Generated NewsdeskRimini Street Reports Third Quarter 2024 Earnings
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App