SEC Form 4 · accession 0001140361-16-056997
SOTHEBYS · BID
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jonathan Olsoff
Officer — SVP, General Counsel
Period of report
Mar 5, 2016
Accepted (ET)
Mar 8, 2016 · 4:55 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, 2016 | A | 1,518 | — | A | 9,271 | D | |
| Common StockF2 | Mar 5, 2016 | M | 1,026 | — | A | 10,297 | D | |
| Common Stock | Mar 5, 2016 | F | 942 | $25.81 | D | 9,355 | 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, 2016 | M | 1,026 | D | — | — | Common Stock | 1,026 | 1,605 | 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 that have vested and converted into common stock on a one for-one basis. Restricted stock unit vests over a 3 year period in 3 equal annual increments.