Baron Concors - Aug 8, 2023 Form 4 Insider Report for RB GLOBAL INC. (RBA)

Role
Chief Product & Tech. Officer
Signature
/s/ Maria Teresa Punsalan, attorney-in-fact for Baron Concors
Stock symbol
RBA
Transactions as of
Aug 8, 2023
Transactions value $
$0
Form type
4
Date filed
8/9/2023, 07:14 PM
Previous filing
Mar 16, 2023
Next filing
Sep 15, 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 +28.5K $0.00 28.5K Aug 8, 2023 Common Shares 28.5K $58.09 Direct F1, F2
transaction RBA Restricted Share Units (2023 RSUs) Award $0 +8.66K $0.00 8.66K Aug 8, 2023 Common Shares 8.66K 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 August 8, 2023 and vests in three equal annual installments beginning March 15, 2024.
F2 The option expires on August 8, 2033; 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 Each RSU represents a contingent right to receive one RBA common share or the economic equivalent thereof.
F4 The RSUs vest in three equal annual installments beginning March 15, 2024. The common shares underlying vested RSUs will be released to the reporting person, net of tax.