Carmen D. Thiede - 09 Sep 2022 Form 4 Insider Report for RITCHIE BROS AUCTIONEERS INC (RBA)

Role: Chief People Officer
Signature: Maria Teresa Punsalan as attorney-in-fact for Carmen D Thiede.
Issuer symbol: RBA
Transactions as of: 09 Sep 2022
Net transactions value: $0
Form type: 4
Filing time: 12 Sep 2022, 15:51:47 UTC
Previous filing: 16 Mar 2022
Next filing: 11 Jan 2023
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	+8,099		$0.000000	8,099	09 Sep 2022	Common Shares	8,099	$68.46	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 September 9, 2022 and vests equally in three equal annual installments beginning September 8, 2023.
F2	The option expires on September 8, 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.

Content

The option was granted on September 9, 2022 and vests equally in three equal annual installments beginning September 8, 2023.

The option expires on September 8, 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.