SEC Form 4 · accession 0001140361-15-044657
SOTHEBYS · BID
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John M Angelo
Director
Period of report
Dec 15, 2015
Accepted (ET)
Dec 15, 2015 · 5:44 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 | — | Dec 15, 2015 | A | 80 | A | — | — | Common Stock | 80 | 21,211 | 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"). 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 Sotheby's Board.
- F2Acquired pursuant to a dividend reinvestment feature of the Stock Compensation Plan for Non-Employee Directors