Baron Concors - Mar 4, 2023 Form 4 Insider Report for RITCHIE BROS AUCTIONEERS INC (RBA)

Role
Chief Product & Tech. Officer
Signature
/s/ Maria Teresa Punsalan as attorney-in-fact for Baron Concors.
Stock symbol
RBA
Transactions as of
Mar 4, 2023
Transactions value $
$0
Form type
4
Date filed
3/6/2023, 03:09 PM
Previous filing
Mar 6, 2023
Next filing
Mar 16, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RBA Common Shares Options Exercise +1.58K 1.58K Mar 4, 2023 Direct F1, F2, F3
transaction RBA Common Shares Options Exercise +31.6K +2009.14% 33.2K Mar 4, 2023 Direct F1, F3
holding RBA Common Shares 0 Mar 4, 2023 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 (2020 PSUs) Options Exercise $0 -31.6K -100% $0.00* 0 Mar 4, 2023 Common Shares 31.6K Direct F3
transaction RBA Dividend Equivalent Rights (2020 PSUs) Options Exercise $0 -1.58K -100% $0.00* 0 Mar 4, 2023 Common Shares 1.58K Direct F3
* 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 Includes the March 3, 2023 accrued PSU dividend equivalent rights.
F3 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 4, 2023, the PSUs and DERs will be settled in common shares issued to the reporting person, net applicable tax, as soon as practicable
F4 Includes all Employee Stock Purchase Plan purchases through March 2, 2023.