4//SEC Filing
WOODHEAD ROBIN 4
Accession 0001140361-10-005752
CIK 0000823094other
Filed
Feb 10, 7:00 PM ET
Accepted
Feb 11, 8:53 PM ET
Size
8.2 KB
Accession
0001140361-10-005752
Insider Transaction Report
Form 4
SOTHEBYSBID
WOODHEAD ROBIN
DirectorEVP & Chairman Soth. Intl.
Transactions
- Disposition to Issuer
Common Stock
2010-02-09−38,344→ 63,137 total - Award
Employee Stock Option (right to buy)
2010-02-09+50,000→ 60,000 totalExercise: $22.11From: 2011-02-09Exp: 2020-02-09→ Common Stock (50,000 underlying)
Footnotes (5)
- [F1]Reflects the cancellation of the stated number of shares of unvested restricted stock subject to performance as well as time vesting criteria granted to the Reporting Person on July 13, 2006. These unvested restricted stock shares are being cancelled and, in their place, the Reporting Person has received a grant of 29,000 Performance Share Units ("PSUs") that will be settled for an equal number of shares of company Common Stock if performance and time vesting criteria are met. As the performance requirements for the PSUs are based on criteria other than company stock price, the PSUs do not qualify as a "derivative security" reportable on Table II of this form and are referenced solely because of their relationship to the cancelled unvested restricted stock shares.
- [F2]Includes 14,330 shares of unvested restricted stock
- [F3]Issued pursuant to the Sotheby's 1997 Stock Option Plan
- [F4]25% of this award will vest on each of the next 4 anniversaries of the date of grant.
- [F5]Not Applicable
Documents
Issuer
SOTHEBYS
CIK 0000823094
Entity typeother
Related Parties
1- filerCIK 0001249602
Filing Metadata
- Form type
- 4
- Filed
- Feb 10, 7:00 PM ET
- Accepted
- Feb 11, 8:53 PM ET
- Size
- 8.2 KB