RB GLOBAL INC. — Director's Dealing 2020

May 19, 2020

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: RITCHIE BROS AUCTIONEERS INC (RBA)
CIK: 0001046102
Period of Report: 2020-05-11

Reporting Person: ACKLEY MATTHEW (Chief Marketing Officer)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Shares	1155	Indirect
Common Shares	4157	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee Stock Option (Right to Buy)	$17.76	2026-02-03	Common Shares (31794)		Direct
Employee Stock Option (Right to Buy)	$27.10	2027-08-11	Common Shares (20726)		Direct
Employee Stock Option (Right to Buy)	$32.16	2028-03-01	Common Shares (16081)		Direct
Employee Stock Option (Right to Buy)	$40.64	2030-03-05	Common Shares (23171)		Direct
Employee Stock Option (Right to Buy)	$33.79	2029-03-07	Common Shares (22667)		Direct
Restricted Share Units (2017 RSUs)	$	2020-11-15	Common Shares (17586)		Direct

Footnotes

F1: Includes all Employee Stock Purchase Plan purchases through May 11, 2020.

F2: The option was granted on May 31, 2017 and vests equally in three equal annual installments beginning May 31, 2018.

F3: Date of expiration is reflected above; provided, however, that if such date occurs during a black out period (as defined in the RBA Amended and Restated Stock Option Plan) applicable to the reporting person or within five business days (as defined in such Plan) after the last day of a black out period applicable to the person, the expiry date for the option will be the last day of such five business day period.

F4: The option was granted on August 11, 2017 and vests equally in three equal annual installments beginning August 11, 2018.

F5: The option was granted on March 1, 2018 and vests in three equal annual installments beginning March 1, 2019.

F6: The option was granted on March 5, 2020 and vests in three equal annual installments beginning March 5, 2021.

F7: The option was granted on March 7, 2019 and vests in three equal annual installments beginning March 7, 2020.

F8: The RSUs vest on 11/15/2020.The commons shares underlying vested RSUs or the cash value thereof (determined in accordance with the Amended and Restated Senior Executive Restricted 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 RSUs vest.

F9: Each RSU represents a contingent right to receive one RBA common share or the economic equivalent thereof.