SEC Form 4 · accession 0001127602-18-032742
SOTHEBYS · BID
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jr. Thomas S. Smith
Officer — President and CEO · Director
Period of report
Nov 12, 2018
Accepted (ET)
Nov 13, 2018 · 10:21 am 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 StockF1 | Nov 12, 2018 | J | 490 | $40.816 | D | 11,130 | I | By wife as UTMA custodian for son |
| Common StockF1 | Nov 12, 2018 | J | 490 | $40.816 | A | 134,975 | D | |
| Common Stock | holding | — | — | — | 5,610 | I | By wife as UTMA custodian for daughter |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The Reporting Person transferred shares of common stock from a Uniform Transfers to Minors Act account held by his wife as custodian for the benefit of his minor son that the Reporting Person is deemed to indirectly beneficially own to an account the Reporting Person directly owns, in exchange for a payment of $20,000 into the UTMA account (the equivalent of $40.816 per share) in order to diversify the UTMA account.