Darren Jeffrey Watt - Aug 12, 2021 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
Aug 12, 2021
Transactions value $
$0
Form type
4
Date filed
8/16/2021, 03:34 PM
Previous filing
Jun 7, 2021
Next filing
Aug 17, 2021

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 +6.27K $0.00 6.27K Aug 12, 2021 Common Shares 6.27K $80.00 Direct F1, F2
transaction RBA Employee Stock Option (Right to Buy) Award $0 +7.74K $0.00 7.74K Aug 12, 2021 Common Shares 7.74K $90.00 Direct F1, F2
transaction RBA Employee Stock Option (Right to Buy) Award $0 +9.48K $0.00 9.48K Aug 12, 2021 Common Shares 9.48K $100.00 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 August 12, 2021 and vests equally in three equal annual installments beginning August 11, 2022.
F2 The option expires on August 12, 2027; 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.