SEC Form 4 · accession 0001140361-16-065819
SOTHEBYS · BID
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dennis M Weibling
Director
Period of report
May 13, 2016
Accepted (ET)
May 16, 2016 · 5:31 pm EDT
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 | May 13, 2016 | P | 2,000 | $28.3979 | A | 73,000 | D | |
| Common StockF2 | May 16, 2016 | P | 2,000 | $27.4944 | A | 75,000 | D | |
| Common StockF3 | holding | — | — | — | 10,000 | I | By Eagle Wings LLC |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Deferred Stock UnitsF4 | — | May 15, 2016 | A | 356 | A | — | — | Common Stock | 356 | 22,899 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were bought in multiple transactions at prices of $28.39 and $28.40. If requested, the reporting person will supply the SEC, the Issuer or a security holder of the Issuer full details regarding the number of shares sold at each separate price.
- F2The price reported in Column 4 is a weighted average price. These shares were bought in multiple transactions at prices ranging from $27.48 and $27.50, inclusive. If requested, the reporting person will supply the SEC, the Issuer or a security holder of the Issuer full details regarding the number of shares sold at each separate price.
- F3The Reporting Person, his wife and children own all outstanding interests of this limited liability company.
- F4The Deferred Stock units were accrued under the Company's Stock Compensation Plan for Non-Employee Directors (as amended and restated, the "Plan") as a result of a partial or full deferral election with respect to stock compensation paid under 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 Company's Board.