SEC Form 4/A · accession 0001127602-18-007028
SOTHEBYS · BID
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Dennis M Weibling
Director
Period of report
Nov 15, 2017
Accepted (ET)
Feb 20, 2018 · 1:23 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Deferred Stock UnitsF1 | — | Nov 15, 2017 | A | 410 | A | — | — | Common Stock | 410 | 25,497 | D |
Explanation of responses
- F1The Deferred Stock Units were accrued under the Company's Stock Compensation Plan for Non-Employee Directors (as amended and restated, the "Plan") as a result of a partial or full deferral election with respect to stock compensation paid under the Plan. These units will be settled, on a one-for-one basis, into shares of the Company's Common Stock (except that fractional shares, if any, will be settled in cash) after the reporting person's termination of service on the Company's Board.
Remarks
This amendment is being filed to correct the number of derivative securities beneficially owned following the reported transaction in column 9. The number reported in the original filing was incorrect due to an administrative error.