SEC Form 4 · accession 0001209191-17-013534
RB GLOBAL INC. · RBA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jim Barr
Officer — Group President
Period of report
Feb 17, 2017
Accepted (ET)
Feb 22, 2017 · 7:19 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?) - 2014F2,F1,F3 | — | Feb 17, 2017 | A | 410 | A | — | — | Common Shares | 410 | 2,033 | D |
| Dividend Equivalent Rights (2014 PSUs)F4 | — | Feb 17, 2017 | A | 21 | A | — | — | Common Shares | 21 | 102 | 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 3/10/2017. 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.
- F4Each dividend equivalent right represents a contingent right to receive the economic equivalent of one RBA common shares. The dividend equivalent rights accrued in respect of the 2014 PSUs, and become exercisable proportionately with the PSUs to which they relate.