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RB GLOBAL INC. — Director's Dealing 2016
Mar 9, 2016
30295_dirs_2016-03-09_e1a3c483-faac-49bf-ac48-fe239239bcfb.zip
Director's Dealing
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SEC Form 4/A — Form 4/A
Issuer: RITCHIE BROS AUCTIONEERS INC (RBA)
CIK: 0001046102
Period of Report: 2016-02-23
Reporting Person: Barr Jim (Group President)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-02-23 | Performance Share Units ("PSUs") - 2014 | $ | A | 1375 | Acquired | Common Shares (1375) | Direct | |
| 2016-02-23 | Dividend Equivalent Rights (2014 PSUs) | $ | A | 39 | Acquired | Common Shares (39) | Direct |
Footnotes
F1: Each PSU represents a contingent right to receive the economic equivalent of one RBA common share.
F2: The RBA Compensation Committee determined that the PSUs, previously granted to the reporting person, are eligible for vesting because certain performance criteria were satisfied.
F3: The PSUs vest on 3/10/2017. The cash value of the common shares underlying vested PSUs (determined in accordance with the RBA pre-2015 Performance Share Unit Plan) will be paid to the reporting person, net of tax, as soon as practicable following the end of the month in which the PSUs vest.
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 2014 PSUs, and become exercisable proportionately with the PSUs to which they relate.
F5: This holding is being amended to reflect a correction in the calculation of shares granted as of the February 23, 2016 reporting date.