SEC Form 4 · accession 0001127602-19-010210
SOTHEBYS · BID
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jane Levine
Officer — EVP, Chief Compliance Counsel
Period of report
Mar 5, 2019
Accepted (ET)
Mar 6, 2019 · 3:12 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 StockF1 | Mar 5, 2019 | A | 4,975 | — | A | 12,693 | D | |
| Common StockF2 | Mar 5, 2019 | M | 2,148 | — | A | 14,841 | D | |
| Common Stock | Mar 5, 2019 | F | 2,724 | $40.00 | D | 12,117 | 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 UnitsF2 | — | Mar 5, 2019 | M | 2,148 | D | — | — | Common Stock | 2,148 | 6,553 | D |
Explanation of responses
- F1Performance share units that have vested and are settled in common stock as a result of the achievement of all or partial financial target.
- F2Restricted 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.