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RB GLOBAL INC. — Director's Dealing 2022
Mar 1, 2022
30295_dirs_2022-02-28_2f05bd48-4d07-4b93-88dd-008c648374ec.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: 2022-02-25
Reporting Person: Taylor Kari R (Chief Revenue Officer)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-02-25 | Performance Share Units (2019 PSUs) | $ | A | 7356 | Acquired | Common Shares (7356) | Direct | |
| 2022-02-25 | Dividend Equivalent Rights (2019 PSUs) | $ | A | 311 | Acquired | Common Shares (311) | Direct |
Footnotes
F1: Each PSU represents a contingent right to receive one RBA common share or the economic equivalent thereof.
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 3/6/2022.The commons shares underlying vested PSUs or the cash value thereof (as determined by the Committee in accordance with the RBA Senior Executive 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 one RBA common share or the economic equivalent thereof. DERs accrued in respect of the 2019 PSUs vest and become exercisable concurrently with the PSUs to which they relate.