X0306 4 2017-09-03 0 0001046102 RITCHIE BROS AUCTIONEERS INC RBA 0001307991 Saligram Ravichandra Krishnamurty C/O RITCHIE BROS. AUCTIONEERS INC. 9500 GLENLYON PARKWAY BURNABY A1 V5J 0C6 BRITISH COLUMBIA, CANADA 1 1 0 0 CEO Common Shares 2017-09-03 4 A 0 5682 0.00 A 26257 D Common Shares 2017-09-03 4 A 0 384 0.00 A 26641 D Common Shares 2017-09-03 4 F 0 2855 28.22 D 23786 D On September 3, 2017, the Compensation Committee determined that certain 2014 sign-on grant performance share units ("PSUs") and related dividend equivalents ("DERs"), previously granted to the reporting person in accordance with the RBA pre-2015 Senior Executive Performance Share Unit Plan vested because certain performance criteria were satisfied. The vested PSUs and DERs will be settled in common shares issued to the reporting person, net of applicable tax. Maria Teresa Punsalan as attorney-in-fact for Ravichandra K. Saligram 2017-09-06