Form Type: 4

SEC EDGAR Link
Accession Number:0001209191-20-030764
Date:2020-05-15
Issuer: RITCHIE BROS AUCTIONEERS INC (RBA)
Original Submission Date:

Reporting Person:

ZIMMERMAN CHRISTOPHER
C/O RITCHIE BROS. AUCTIONEERS INC.
9500 GLENLYON PARKWAY BURNABY, A1 V5J 0C6

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
DEFERRED SHARE UNITS 0.0 2020-05-15 deemed execution date A 589 (a) common shares 589 $0.00 20,924 direct
Footnotes
IDfootnote
f1 each deferred share unit ("dsu") represents the economic equivalent of one rba common share.
f2 following the reporting person ceasing to hold any position as a director of rba or any of its subsidiaries and not otherwise being employed by rba or any of its subsidiaries ("termination"), a lump sum cash payment will be made by rba to the reporting person, net of tax withholding, calculated by multiplying the number of dsus by the fair market value of one rba common share as of (i) the 24th business day after the first publication by or on behalf of rba of interim financial statements and md&a for the fiscal quarter of the corporation following such termination or (ii) where the termination occurs in rba's fourth fiscal quarter, the 24th business day (or such fewer number of business days as may be determined by the committee) after the first publication by or on behalf of rba of annual financial statements and md&as for such fiscal year of rba.
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