RB GLOBAL INC. — Director's Dealing 2016

Mar 9, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RITCHIE BROS AUCTIONEERS INC (RBA)
CIK: 0001046102
Period of Report: 2016-03-04

Reporting Person: Holm Kieran Colquhoun (VP, Man. Dir., Asia Pacific)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-03-04	Common Shares	M	1589	—	Acquired	1589	Direct
2016-03-04	Common Shares	M	117	—	Acquired	1706	Direct
2016-03-04	Common Shares	D	1706	$23.33	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-03-04	2013 DER RSU	$	A	12	Acquired		Common Shares (12)	Direct
2016-03-04	2014 DER RSU	$	A	11	Acquired		Common Shares (11)	Direct
2016-03-04	2013 RSU	$	M	1589	Disposed		Common Shares (1589)	Direct
2016-03-04	2013 DER RSU	$	M	117	Disposed		Common Shares (117)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Shares	1724	Indirect
Common Shares	2205	Indirect

Footnotes

F1: Each RSU and DER represented a contingent right to receive the economic equivalent of one RBA common share. The RSUs and DERs vested on 3/4/2016. As determined by the Compensation Committee, the cash value of the common shares underlying the vested RSUs and DERs (determined in accordance with the RBA Restricted Share Unit Plan) will be paid to the reporting person, net of applicable tax, as soon as practicable following the end of the month in which the RSUs and DERs vested.

F2: Updated to include all Employee Stock Purchase Plan purchases through February 29, 2016.

F3: Dividend Equivalent Rights ("DER")for 2013 Restricted Share Units

F4: Each dividend equivalent right represents a contingent right to receive the economic equivalent of one RBA common share. The dividend equivalent rights accrued in respect of the 2013 grant of restricted share units, and become exercisable proportionately with the restricted share units to which they relate.

F5: Dividend Equivalent Rights ("DER") for 2014 Restricted Share Units

F6: Each dividend equivalent right represents a contingent right to receive the economic equivalent of one RBA common share. The dividend equivalent rights accrued in respect of the 2014 grant of restricted share units, and become exercisable proportionately with the restricted share units to which they relate.

F7: Restricted Share Units ("RSUs") - 2013