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RB GLOBAL INC. — Director's Dealing 2019
Mar 5, 2019
30295_dirs_2019-03-05_26b8cfd1-a634-4553-b7b6-42cab3cc3199.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: 2019-03-01
Reporting Person: Saligram Ravichandra Krishnamurty (Director, CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-03-01 | Common Shares | M | 49913 | — | Acquired | 132923 | Direct |
| 2019-03-01 | Common Shares | M | 3326 | — | Acquired | 136249 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-03-01 | Performance Share Units (2016 PSUs) | $ | M | 20213 | Disposed | Common Shares (20213) | Direct | |
| 2019-03-01 | Dividend Equivalent Rights (2016 PSUs) | $ | M | 1580 | Disposed | Common Shares (1580) | Direct |
Footnotes
F1: Represents pre-tax amount of award. Share issuance will be made net of tax withholding ("TW"). TW will be reported on separately within 2 business days of the TW determination date.
F2: Each PSU and DER represented a contingent right to receive one RBA common share or the economic equivalent thereof. The PSUs and DERs vested on March 1, 2019, the same date on which the Compensation Committee determined that certain of such PSUs and DERs were eligible for vesting because certain performance criteria were satisfied. As determined by the Compensation Committee, the PSUs and DERs will be settled in common shares issued to the reporting person, net of applicable tax, as soon as practicable.