SEC Form 4 · accession 0001209191-17-048822
RB GLOBAL INC. · RBA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sharon Ruth Driscoll
Officer — Chief Financial Officer
Period of report
Aug 11, 2017
Accepted (ET)
Aug 14, 2017 · 9:13 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001046102
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common SharesF1 | Aug 11, 2017 | M | 913 | — | A | 913 | D | |
| Common SharesF1 | Aug 11, 2017 | M | 40 | — | A | 953 | D | |
| Common Shares | Aug 11, 2017 | D | 953 | $28.22 | D | 0 | D | |
| Common SharesF2 | holding | — | — | — | 1,565 | I | Employee Stock Purchase Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2015 DER RSUF3,F4 | — | Aug 11, 2017 | A | 20 | A | — | — | Common Shares | 20 | 42 | D |
| 2015 RSUF1 | — | Aug 11, 2017 | M | 913 | D | — | — | Common Shares | 913 | 912 | D |
| 2015 DER RSUF1 | — | Aug 11, 2017 | M | 40 | D | — | — | Common Shares | 40 | 22 | D |
Explanation of responses
- F1Each RSU and dividend equivalent right ("DER") represented a contingent right to receive the economic equivalent of one RBA common share. The RSUs and DERs vested on 8/11/2017. As determined by the Compensation Committee, the cash value of the common shares underlying the vested RSUs and DERs (determined in accordance with the RBA Restricted Share Unit Plan) will be paid to the reporting person, net of applicable tax, as soon as practicable following the end of the month in which the RSUs and DERs vested.
- F2Includes all Employee Stock Purchase Plan purchases through August 11, 2017.
- F3DER (2015 RSU) have accrued since December 19, 2017 filing
- F4Each dividend equivalent right ("DER")represents a contingent right to receive the economic equivalent of one RBA common share. The dividend equivalent rights accrued in respect of one grant of restricted share units, and become exercisable proportionately with the restricted share units to which they relate.