4//SEC Filing
Wilson Harry James 4
Accession 0001127602-19-030120
CIK 0000823094other
Filed
Oct 3, 8:00 PM ET
Accepted
Oct 4, 12:31 PM ET
Size
9.0 KB
Accession
0001127602-19-030120
Insider Transaction Report
Form 4
SOTHEBYSBID
Wilson Harry James
Director
Transactions
- Gift
Common Stock
2019-08-23−8,000→ 20,152.432 total - Disposition to Issuer
Common Stock
2019-10-03$57.00/sh−20,152.432$1,148,689→ 0 total - Disposition to Issuer
Deferred Stock Units
2019-10-03$57.00/sh−12,204.82$695,675→ 0 total→ Common Stock (12,204.82 underlying)
Footnotes (2)
- [F1]Pursuant to the Agreement and Plan of Merger dated as of June 16, 2019, by and among BidFair USA Inc. (formerly a limited liability company known as BidFair USA LLC), BidFair MergeRight, Inc. and the Issuer (the "Merger Agreement"), each share of the Issuer's Common Stock held by the reporting person was converted into the right to receive $57 in cash (the "Merger Consideration") at the effective time of the merger.
- [F2]Each Deferred Stock Unit represented the right to receive one share of Common Stock under the Company's Stock Compensation Plan for Non-Employee Directors. Pursuant to the Merger Agreement, at the effective time of the merger, the Deferred Stock Units held by the reporting person were canceled and converted into the right to receive an amount in cash equal to the product of (x) the total number of shares of Common Stock underlying such Deferred Stock Units and (y) the Merger Consideration.
Documents
Issuer
SOTHEBYS
CIK 0000823094
Entity typeother
Related Parties
1- filerCIK 0001526958
Filing Metadata
- Form type
- 4
- Filed
- Oct 3, 8:00 PM ET
- Accepted
- Oct 4, 12:31 PM ET
- Size
- 9.0 KB