Darren Jeffrey Watt - Mar 15, 2022 Form 4 Insider Report for RITCHIE BROS AUCTIONEERS INC (RBA)

Signature
/s/ Maria Teresa Punsalan as attorney-in-fact for Darren Jeffrey Watt.
Stock symbol
RBA
Transactions as of
Mar 15, 2022
Transactions value $
$0
Form type
4
Date filed
3/16/2022, 04:07 PM
Previous filing
Mar 15, 2022
Next filing
May 13, 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 Employee Stock Option (Right to Buy) Award $0 +11.9K $0.00 11.9K Mar 15, 2022 Common Shares 11.9K $57.70 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The option was granted on March 15, 2022 and vests equally in three equal annual installments beginning March 14, 2023.
F2 The option expires on March 14, 2032; 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 reporting person, the expiry date for the option will be the last day of such five business day period.