James F. Kessler - 12 Aug 2021 Form 4 Insider Report for RITCHIE BROS AUCTIONEERS INC (RBA)

Role
Chief Operating Officer
Signature
/s/ Maria Teresa Punsalan as attorney-in-fact for James F. Kessler.
Issuer symbol
RBA
Transactions as of
12 Aug 2021
Net transactions value
$0
Form type
4
Filing time
17 Aug 2021, 10:18:17 UTC
Next filing
21 Jan 2022
SEC
View on sec.gov

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 +20,742 $0.000000 20,742 12 Aug 2021 Common Shares 20,742 $80.00 Direct F1, F2
transaction RBA Employee Stock Option (Right to Buy) Award $0 +25,615 $0.000000 25,615 12 Aug 2021 Common Shares 25,615 $90.00 Direct F1, F2
transaction RBA Employee Stock Option (Right to Buy) Award $0 +31,355 $0.000000 31,355 12 Aug 2021 Common Shares 31,355 $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.