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RB GLOBAL INC. Director's Dealing 2023

Feb 16, 2023

30295_dirs_2023-02-16_b0a2f6af-ace3-4f42-9c3e-4daa21945141.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: 2023-02-15

Reporting Person: CONCORS BARON (Chief Product & Tech. Officer)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2023-02-15 Performance Share Units (2020 PSUs) $ A 31644 Acquired Common Shares (31644) Direct
2023-02-15 Dividend Equivalent Rights (2020 PSUs) $ A 1431 Acquired Common Shares (1431) 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 3/4/2023.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 the economic equivalent of one RBA common share. The dividend equivalent rights accrued in respect of the 2019 grant of performance share units, and become exercisable proportionately with the performance share
units to which they relate.