SOTHEBYS 4
4 · SOTHEBYS · Filed Aug 16, 2016
Insider Transaction Report
Form 4
SOTHEBYSBID
Conroy Kevin C.
Director
Transactions
- Award
Deferred Stock Units
2016-08-15$39.89/sh+470$18,748→ 5,513.82 total→ Common Stock (470 underlying)
Footnotes (1)
- [F1]The 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.