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RB GLOBAL INC. — Director's Dealing 2016
Feb 25, 2016
30295_dirs_2016-02-25_4c7d1007-db37-4d0a-8dbd-d14f118d8870.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: RITCHIE BROS AUCTIONEERS INC (RBA)
CIK: 0001046102
Period of Report: 2016-02-23
Reporting Person: McLeod Robert Alastair (Chief Bus. Dev. Officer)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-02-23 | Performance Share Units (?PSUs?) - 2013 | $ | A | 1872 | Acquired | Common Shares (1872) | Direct | |
| 2016-02-23 | Dividend Equivalent Rights (2013 PSUs) | $ | A | 124 | Acquired | Common Shares (124) | Direct | |
| 2016-02-23 | Performance Share Units (?PSUs?) - 2014 | $ | A | 844 | Acquired | Common Shares (844) | Direct | |
| 2016-02-23 | Dividend Equivalent Rights (2014 PSUs) | $ | A | 34 | Acquired | Common Shares (34) | 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 3/4/2016. 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 shares. The dividend equivalent rights accrued in respect of the 2013 PSUs, and become exercisable proportionately with the PSUs to which they relate.
F5: 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.
F6: Each dividend equivalent right represents a contingent right to receive the economic equivalent of one RBA common shares. The dividend equivalent rights accrued in respect of the 2014 PSUs, and become exercisable proportionately with the PSUs to which they relate.