Eric Douglas Jacobs - Jun 6, 2022 Form 4 Insider Report for RITCHIE BROS AUCTIONEERS INC (RBA)

Role
Chief Financial Officer
Signature
/s/ Maria Teresa Punsalan as attorney-in-fact for Eric Douglas Jacobs.
Stock symbol
RBA
Transactions as of
Jun 6, 2022
Transactions value $
$0
Form type
4
Date filed
6/8/2022, 11:41 AM
Previous filing
May 20, 2022
Next filing
Aug 8, 2023

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 +59.5K $0.00 59.5K Jun 6, 2022 Common Shares 59.5K $61.38 Direct F1, F2
transaction RBA Employee Stock Option (Right to Buy) Award $0 +31.8K $0.00 31.8K Jun 6, 2022 Common Shares 31.8K $80.00 Direct F3, F4
transaction RBA Employee Stock Option (Right to Buy) Award $0 +39.3K $0.00 39.3K Jun 6, 2022 Common Shares 39.3K $90.00 Direct F3, F4
transaction RBA Employee Stock Option (Right to Buy) Award $0 +48.1K $0.00 48.1K Jun 6, 2022 Common Shares 48.1K $100.00 Direct F3, F4
* 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 June 6, 2022 and vests equally in three equal annual installments beginning March 14, 2023.
F2 The option expires on June 6, 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.
F3 The option was granted on June 6, 2022 and vests equally in three equal annual installments beginning August 12, 2024.
F4 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.