BLAKENHAM MICHAEL 4
4 · SOTHEBYS · Filed May 10, 2013
Insider Transaction Report
Form 4
SOTHEBYSBID
BLAKENHAM MICHAEL
Director
Transactions
- Exercise/Conversion
Deferred Stock Units
2013-05-08+35,276→ 0 total→ Common Stock (35,276 underlying) - Award
Common Stock
2013-05-08+35,276→ 35,276 total
Footnotes (3)
- [F1]This is an automatic conversion of Mr. Blakenham's Deferred Stock Units under the Sotheby's 1998 Amended and Restated Stock Compensation Plan, for Non-Employee Directors,as a result of the director's termination of service on the Board on May 8, 2013
- [F2]Not Applicable
- [F3]Due to an inadvertent administrative error on the December 31, 2012 Form 4, the number of derivative securities beneficially owned following reported transaction was inaccurately reported to be 2,465.15. The correct amount that should have been reported is 2,679.40. This Form 4 corrects this error.