SMITH, JR. THOMAS S. (President and CEO) exercised options at SOTHEBYS
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 1 exercise
Filed: 4/1/2019ACC: 0001127602-19-013888
DirectorOfficer· President and CEO
Since Nov 2018
-7.38K
Net shares
Net seller
$278.7K
Total sold
0
Open market trades
0B · 0S
3
Total transactions
15.83K acquired · 23.21K disposed
Non-Derivative Transactions2
Common Stock
Direct
Shares
+15.83K
Price / share
—
Trade value
—
% of position
8.6%
3/31/2019
184.05K→199.88K
Common Stock
Direct
Shares
−7.38K
Price / share
$37.75
Trade value
$278.71K
% of position
3.7%
3/31/2019
199.88K→192.50K
Total
Net shares
+8.45K
Net value
-$278.71K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 3/31/2019 | M · Option Exercise | +15.83K | — | — | 8.6% | 184.05K | 199.88K |
| Common Stock Direct | 3/31/2019 | F · Tax Withholding | −7.38K | $37.75 | $278.71K | 3.7% | 199.88K | 192.50K |
| Total | +8.45K | -$278.71K | ||||||
Derivative Transactions1
Restricted Stock Units
Direct
Converts to
Common Stock
15.83K shares
Shares
−15.83K
Strike price
Held after
15.83K
Exercisable
—
3/31/2019
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Restricted Stock Units Direct | Common Stock15.83K shares | 3/31/2019 | M · Option Exercise | −15.83K | — | 15.83K |
Non-Derivative Holdings (Post-Transaction)2
Common Stock
IndirectShares owned5.61K
Common Stock
IndirectShares owned11.13K
Total
16.74K indirect16.74K
| Security Title | Shares Owned | Ownership Type |
|---|---|---|
| Common Stock | 5.61K | Indirect |
| Common Stock | 11.13K | Indirect |
| Total | 16.74K | 16.74K indirect |
Derivative Holdings (Post-Transaction)0
No derivative holdings reported