FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Werner Karl William
2. Issuer Name and Ticker or Trading Symbol

RITCHIE BROS AUCTIONEERS INC [ RBA ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
President, International
(Last)          (First)          (Middle)

C/O RITCHIE BROS. AUCTIONEERS INC., 9500 GLENLYON PARKWAY
3. Date of Earliest Transaction (MM/DD/YYYY)

2/28/2021
(Street)

BURNABY, A1 V5J 0C6
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

3/2/2021 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Shares 2/28/2021  M  12429 (1)(2)A (3)16008 D  
Common Shares 2/28/2021  M  654 (1)(4)A (3)16662 D  
Common Shares         27896 I Long-Term Investment Plan 
Common Shares         2221 (5)I Employee Stock Purchase Plan 

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Performance Share Units (2018 PSUs) (6) (3)2/28/2021  M     12429 (2)  (3) (3)Common Shares 12429 $0.00 0 D  
Dividend Equivalent Rights (2018 PSUs) (7) (3)2/28/2021  M     654 (4)  (3) (3)Common Shares 654 $0.00 0 D  

Explanation of Responses:
(1) Represents pre-tax amount of award. Share issuance will be made net of tax withholding ("TW").
(2) Due to a clerical error, amount of securities issued corrected from 3,400 to 12,429.
(3) Due to clerical error, this was previously reported as RSU and DER. Now corrected to - Each PSU and DER represented a contingent right to receive one RBA common share or the economic equivalent thereof. The PSUs and DERs vested on February 28, 2021(corrected as the previous filing stated vest date as March 1, 2021), the PSUs and DERs will be settled in common shares issued to the reporting person, net applicable tax, as soon as practicable
(4) Due to a clerical error, amount of securities issued corrected from 179 to 654.
(5) Includes all Employee Stock Purchase Plan purchases through February 28, 2021.
(6) Due to a clerical error, title of derivative security corrected from 2018 RSU to 2018 PSU.
(7) Due to a clerical error, title of derivative security corrected from Dividend Equivalent Rights 2018 RSU to Dividend Equivalent Rights 2018 PSU.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Werner Karl William
C/O RITCHIE BROS. AUCTIONEERS INC.
9500 GLENLYON PARKWAY
BURNABY, A1 V5J 0C6


President, International

Signatures
/s/ Maria Teresa Punsalan as attorney-in-fact for Karl William Werner.3/3/2021
**Signature of Reporting PersonDate

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