SEC Form 4 · accession 0001127602-17-004713
SOTHEBYS · BID
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael F Goss
Officer — EVP, Chief Financial Officer
Period of report
Feb 7, 2017
Accepted (ET)
Feb 9, 2017 · 1:08 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000823094
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1 | — | Feb 7, 2017 | A | 20,919 | A | — | — | Common Stock | 20,919 | 20,919 | D |
Explanation of responses
- F1Restricted stock units convert into common stock on a one-for-one basis. Restricted stock units vest over a three year period in three equal annual increments beginning with the March 5th following the anniversary of the grant date. Of these restricted stock units, 11,410 units were awarded in lieu of an annual cash bonus pursuant to his employment agreement.