SEC Form 4/A · accession 0001140361-16-057135
RB GLOBAL INC. · RBA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Karl William Werner
Officer — Ch. Op. & Supp. Dev. Officer
Period of report
Feb 23, 2016
Accepted (ET)
Mar 9, 2016 · 2:41 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001046102
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance Share Units ("PSUs") - 2013F2,F7,F1,F3 | — | Feb 23, 2016 | A | 1,578 | A | — | — | Common Shares | 1,578 | 2,015 | D |
| Dividend Equivalent Rights (2013 PSUs)F7,F4 | — | Feb 23, 2016 | A | 104 | A | — | — | Common Shares | 104 | 133 | D |
| Performance Share Units ("PSUs") - 2014F2,F7,F1,F5 | — | Feb 23, 2016 | A | 2,612 | A | — | — | Common Shares | 2,612 | 3,085 | D |
| Dividend Equivalent Rights (2014 PSUs)F7,F6 | — | Feb 23, 2016 | A | 105 | A | — | — | Common Shares | 105 | 124 | D |
Explanation of responses
- F1Each PSU represents a contingent right to receive the economic equivalent of one RBA common share.
- F2The RBA Compensation Committee determined that the PSUs, previously granted to the reporting person, are eligible for vesting because certain performance criteria were satisfied.
- F3The PSUs vest on 3/4/2016. The cash value of the common shares underlying vested PSUs (determined in accordance with the RBA pre-2015 Performance Share Unit Plan) will be paid to the reporting person, net of tax, as soon as practicable following the end of the month in which the PSUs vest.
- F4Each dividend equivalent right represents a contingent right to receive the economic equivalent of one RBA common share. The dividend equivalent rights accrued in respect of the 2013 PSUs, and become exercisable proportionately with the PSUs to which they relate.
- F5The PSUs vest on 3/10/2017. The cash value of the common shares underlying vested PSUs (determined in accordance with the RBA pre-2015 Performance Share Unit Plan) will be paid to the reporting person, net of tax, as soon as practicable following the end of the month in which the PSUs vest.
- F6Each dividend equivalent right represents a contingent right to receive the economic equivalent of one RBA common share. The dividend equivalent rights accrued in respect of the 2014 PSUs, and become exercisable proportionately with the PSUs to which they relate.they relate.
- F7This holding is being amended to reflect a correction in the calculation of shares granted as of the February 23, 2016 reporting date.