SEC Form 4 · accession 0001127602-18-031314
SOTHEBYS · BID
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Valentino Carlotti
Officer — EVP, Global Head of Bus. Dev.
Period of report
Oct 31, 2018
Accepted (ET)
Oct 31, 2018 · 9:26 am EDT
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 StockF1 | Oct 30, 2018 | M | 13,662 | — | A | 13,662 | D | |
| Common StockF1 | Oct 30, 2018 | F | 5,222 | $40.69 | D | 8,440 | D |
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,F2 | — | Oct 30, 2018 | M | 13,662 | D | — | — | Common Stock | 13,662 | 8,070 | D |
Explanation of responses
- F1Restricted stock units that have vested and converted into common stock on a one for-one basis.
- F2Restricted Stock units convert into common stock on a one-for-one basis. The units vest on the first anniversary of the grant date.