Kari R. Taylor - Mar 4, 2022 Form 4 Insider Report for RITCHIE BROS AUCTIONEERS INC (RBA)

Role
Chief Revenue Officer
Signature
/s/ Maria Teresa Punsalan as attorney-in-fact for Kari R Taylor.
Stock symbol
RBA
Transactions as of
Mar 4, 2022
Transactions value $
$0
Form type
4
Date filed
3/7/2022, 04:37 PM
Previous filing
Feb 28, 2022
Next filing
Mar 7, 2022

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction RBA Dividend Equivalent Rights (2019 RSUs) Award $0 +24 +11.16% $0.00 239 Mar 4, 2022 Common Shares 24 Direct F1
transaction RBA Dividend Equivalent Rights (2019 PSUs) Award $0 +35 +11.25% $0.00 346 Mar 4, 2022 Common Shares 35 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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 SOG of restricted share units, and become exercisable proportionately with the restricted share units to which they relate.
F2 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.