SEC Form 4 · accession 0001140361-16-046903
SOTHEBYS · BID
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dennis M Weibling
Officer — Interim CFO · Director
Period of report
Jan 4, 2016
Accepted (ET)
Jan 6, 2016 · 5:04 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1 | — | Jan 4, 2016 | A | 17,469 | A | — | — | Common Stock | 17,469 | 17,469 | D |
Explanation of responses
- F1One third of the restricted stock units will vest each month of the first three months, or portion thereof, that the Reporting Person serves as Interim Chief Financial Officer of the Issuer. Any vested units will be paid out in shares of the Issuer's common stock on a one-for-one basis in three equal installments commencing March 5, 2020.