Marck Marianne 4
4 · RITCHIE BROS AUCTIONEERS INC · Filed Mar 24, 2020
Insider Transaction Report
Form 4
Marck Marianne
Chief Information Officer
Transactions
- Tax Payment
Common Shares
2020-03-20$42.16/sh−4,562$192,334→ 6,437 total - Exercise/Conversion
Common Shares
2020-03-20+7,673→ 10,505 total - Exercise/Conversion
Dividend Equivalent Rights (2017 PSUs)
2020-03-20−494→ 494 total→ Common Shares (494 underlying) - Exercise/Conversion
Performance Share Units (2017 PSUs)
2020-03-20−7,673→ 7,673 total→ Common Shares (7,673 underlying) - Exercise/Conversion
Common Shares
2020-03-20+494→ 10,999 total
Footnotes (3)
- [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 2, 2020, the Compensation Committee determined that certain of such PSUs and DERs were eligible for vesting because certain performance criteria were satisfied. As determined by the Compensation Committee, the PSus and DERs will be settled in common shares issued to the reporting person, net applicable tax, as soon as practicable.
- [F3]Tax Withholding on the 2017 PSUs and DERs that vested on March 2, 2020.