SEC Form 4 · accession 0001127602-18-010619
SOTHEBYS · BID
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Olivier Reza
Director
Period of report
Mar 5, 2018
Accepted (ET)
Mar 7, 2018 · 7:44 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000823094
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Mar 5, 2018 | S | 10,000 | $51.14 | D | 0 | D | |
| Common StockF1 | Mar 6, 2018 | S | 10,000 | $51.17 | D | 45,000 | I | By Grantor Trusts |
| Common StockF1 | Mar 6, 2018 | S | 10,000 | $51.06 | D | 35,000 | I | By Grantor Trusts |
| Common StockF2,F1 | Mar 7, 2018 | S | 35,000 | $52.0824 | D | 0 | I | By Grantor Trusts |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The Reporting Person is an investment advisor and a beneficiary of the grantor trusts.
- F2The price reported is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $50.92 to $52.77, inclusive. The Reporting Person undertakes to provide to Sotheby's, any security holder of Sotheby's, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote.