MATTHEW ACKLEY - 06 Mar 2022 Form 4 Insider Report for RITCHIE BROS AUCTIONEERS INC (RBA)

Role: Chief Marketing Officer
Signature: /s/ Maria Teresa Punsalan as attorney-in-fact for Matthew Ackley.
Issuer symbol: RBA
Transactions as of: 06 Mar 2022
Net transactions value: $0
Form type: 4
Filing time: 07 Mar 2022, 17:25:58 UTC
Previous filing: 07 Mar 2022
Next filing: 15 Mar 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	RBA	Common Shares	Options Exercise		+6,753	+35%		26,263	06 Mar 2022	Direct	F1, F2
transaction	RBA	Common Shares	Options Exercise		+354	+1.3%		26,617	06 Mar 2022	Direct	F1, F2, F3
holding	RBA	Common Shares						1,908	06 Mar 2022	Employee Stock Purchase Plan	F4

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	Performance Share Units (2019 PSUs)	Options Exercise	$0	-6,753	-100%	$0.000000^*	0	06 Mar 2022	Common Shares	6,753		Direct	F2
transaction	RBA	Dividend Equivalent Rights (2019 PSUs)	Options Exercise	$0	-354	-100%	$0.000000^*	0	06 Mar 2022	Common Shares	354		Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents pre-tax amount of award. Share issuance will be made net of tax withholding ("TW").
F2	Each PSU and DER represented a contingent right to receive one RBA common share or the economic equivalent thereof. The PSUs and DERs vested on March 6, 2022, the PSUs and DERs will be settled in common shares issued to the reporting person, net applicable tax, as soon as practicable
F3	Includes the March 4, 2022 accrued PSU dividend equivalent rights.
F4	Includes all Employee Stock Purchase Plan purchases through March 6, 2022.