SOTHEBYS 4
4 · SOTHEBYS · Filed Dec 15, 2015
Insider Transaction Report
Form 4
SOTHEBYSBID
Devonshire Duke of
DirectorDeputy Chairman
Transactions
- Award
Deferred Stock Units
2015-12-15$26.51/sh+169.03$4,481→ 44,978.95 total→ Common Stock (169.03 underlying)
Footnotes (2)
- [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.
- [F2]Acquired pursuant to a dividend reinvestment feature of the Stock Compensation Plan for Non-Employee Directors