0001140361-16-057030.txt : 20160308 0001140361-16-057030.hdr.sgml : 20160308 20160308172142 ACCESSION NUMBER: 0001140361-16-057030 CONFORMED SUBMISSION TYPE: 3/A PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20160101 FILED AS OF DATE: 20160308 DATE AS OF CHANGE: 20160308 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: RITCHIE BROS AUCTIONEERS INC CENTRAL INDEX KEY: 0001046102 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389] IRS NUMBER: 000000000 STATE OF INCORPORATION: A6 FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 9500 GLENLYON PARKWAY CITY: BURNABY STATE: A1 ZIP: V5J 0C6 BUSINESS PHONE: 7783315500 MAIL ADDRESS: STREET 1: 9500 GLENLYON PARKWAY CITY: BURNABY STATE: A1 ZIP: V5J 0C6 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Werner Karl William CENTRAL INDEX KEY: 0001661696 FILING VALUES: FORM TYPE: 3/A SEC ACT: 1934 Act SEC FILE NUMBER: 001-13425 FILM NUMBER: 161492489 MAIL ADDRESS: STREET 1: C/O RITCHIE BROS. AUCTIONEERS INC. STREET 2: 9500 GLENLYON PARKWAY CITY: BURNABY STATE: A1 ZIP: V5J 0C6 3/A 1 doc1.xml FORM 3/A X0206 3/A 2016-01-01 2015-12-31 0 0001046102 RITCHIE BROS AUCTIONEERS INC RBA 0001661696 Werner Karl William C/O RITCHIE BROS. AUCTIONEERS INC. 9500 GLENLYON PARKWAY BURNABY A1 V5J 0C6 BRITISH COLUMBIA, CANADA 0 1 0 0 Ch. Op. & Supp. Dev. Officer Common Shares 27896 I Long-Term Investment Plan Common Shares 2451 I ESPP Employee Stock Option (Right to Buy) 18.67 2007-03-01 2017-03-01 Common Shares 6900 D Employee Stock Option (Right to Buy) 24.39 2008-02-28 2018-02-28 Common Shares 5400 D Employee Stock Option (Right to Buy) 14.50 2009-03-05 2019-03-05 Common Shares 10900 D Employee Stock Option (Right to Buy) 21.82 2010-03-11 2020-03-11 Common Shares 6400 D Employee Stock Option (Right to Buy) 25.91 2011-03-03 2021-03-11 Common Shares 9600 D Employee Stock Option (Right to Buy) 23.44 2012-03-06 2022-03-11 Common Shares 9500 D Employee Stock Option (Right to Buy) 21.34 2013-03-05 2023-03-05 Common Shares 13600 D Employee Stock Option (Right to Buy) 22.46 2014-03-11 2024-03-11 Common Shares 16284 D Employee Stock Option (Right to Buy) 24.84 2015-03-10 2022-03-10 Common Shares 27778 D Restricted Share Units ("RSUs") - 2013 Common Shares 3028 D Dividend Equivalent Rights (2013 RSUs) Common Shares 200 D Restricted Share Units ("RSUs") - 2014 Common Shares 5010 D Dividend Equivalent Rights (2014 RSUs) Common Shares 201 D Performance Share Units ("PSUs") - 2013 Common Stock 437 D Dividend Equivalent Rights (2013 PSUs) Common Stock 29 D Performance Share Units ("PSUs") - 2014 Common Stock 473 D Dividend Equivalent Rights (2014 PSUs) Common Stock 19 D The date reflected is the initial grant date. The options were subject to a vesting schedule at the time of grant but are fully vested as of the date of this Form 3 report. The options vest as follows: 1/3 on the 1st anniversary of the date of grant; 1/3 on the 2nd anniversary of the date of grant; and 1/3 on the 3rd anniversary of the date of grant. The restricted share units vest on 3/4/2016. The cash value of the common shares underlying vested RSUs (determined in accordance with the RBA Restricted 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 RSUs vest; provided, that if such payment would occur at any time at which the reporting person may be in possession of undisclosed material information regarding RBA, or at any time at which, pursuant to any securities trading policy of RBA, the reporting person is restricted from trading in RBA securities, unless the Committee otherwise determines, payment will be postponed to the date which is 5 days after the later of (i) the date on which the reporting person is no longer in possession of such information or (ii) the date on which the reporting person is no longer restricted from trading in RBA securities. Each restricted share unit represents a contingent right to receive the economic equivalent of one RBA common share. Each 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 one grant of restricted share units, and become exercisable proportionately with the restricted share units to which they relate. The restricted share units vest on 3/10/2017. The cash value of the common shares underlying vested RSUs (determined in accordance with the RBA Restricted 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 RSUs vest; provided, that if such payment would occur at any time at which the reporting person may be in possession of undisclosed material information regarding RBA, or at any time at which, pursuant to any securities trading policy of RBA, the reporting person is restricted from trading in RBA securities, unless the Committee otherwise determines, payment will be postponed to the date which is 5 days after the later of (i) the date on which the reporting person is no longer in possession of such information or (ii) the date on which the reporting person is no longer restricted from trading in RBA securities. The PSUs vest on 3/4/2016. The common shares underlying vested PSUs or the cash value thereof (as determined by the Committee under the RBA pre-2015 Senior Executive Performance Share Unit Plan (and if settled in shares, subject to shareholder approval) 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; provided, that if such payment would occur at any time at which the reporting person may be in possession of undisclosed material information regarding RBA, or at any time at which, pursuant to any securities trading policy of RBA, the reporting person is restricted from trading in RBA securities, unless the Committee otherwise determines, payment will be postponed to the date which is 5 days after the later of i) the date on which reporting person is no longer in possession of material undisclosed information or ii) the date on which reporting person is no longer restricted from trading in RBA securities. Each PSU represents a contingent right to receive the economic equivalent of one RBA common share. Each 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 one grant of performance share units, and become exercisable proportionately with the performance share units to which they relate. The PSUs vest on 3/10/2017. The common shares underlying vested PSUs or the cash value thereof (as determined by the Committee under the RBA pre-2015 Senior Executive Performance Share Unit Plan (and if settled in shares, subject to shareholder approval) 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; provided, that if such payment would occur at any time at which the reporting person may be in possession of undisclosed material information regarding RBA, or at any time at which, pursuant to any securities trading policy of RBA, the reporting person is restricted from trading in RBA securities, unless the Committee otherwise determines, payment will be postponed to the date which is 5 days after the later of i) the date on which reporting person is no longer in possession of material undisclosed information or ii) the date on which reporting person is no longer restricted from trading in RBA securities. This holding is being amended to reflect a correction in the calculation of shares granted as of the December 31, 2015 reporting date. /s/ Maria Teresa Punsalan as attorney-in-fact for Karl William Werner 2016-03-08