X0201 4 2004-03-31 0 0000823094 SOTHEBYS HOLDINGS INC BID 0001194089 SHERIDAN WILLIAM S 38500 WOODWARD AVENUE SUITE 100 BLOOMFIELD HILLS MI 48304 0 1 0 0 EVP and CFO Class B Common Stock 2004-03-31 4 A 0 364 A Class A Ltd. Voting Common Stock 364 364 D Employee Stock Option - Right to Buy 37.94 2004-03-31 4 D 0 4000 D 2009-04-26 Class B Common Stock 4000 0 D Class B Common Stock 2004-03-31 4 A 0 1500 A Class A Ltd. Voting Common Stock 1500 1864 D Employee Stock Option - Right to Buy 25.81 2004-03-31 4 D 0 6000 D 2009-10-01 Class B Common Stock 6000 0 D Class B Common Stock 2004-03-31 4 A 0 18750 A Class A Ltd. Voting Common Stock 18750 20614 D Employee Stock Option - Right to Buy 26.38 2004-03-31 4 D 0 75000 D 2010-10-12 Class B Common Stock 75000 0 D Restricted Stock awarded under Issuer's 2003 Restricted Stock Plan in connection with an exchange offer by Issuer for the number of options owned by Reporting Person listed in the next row. The award vests in four equal annual installments beginning 3/31/2005, subject to certain exceptions. After vesting, Class B Common Stock is freely convertable into Issuer's Class A Limited Voting Common Stock on a one-to-one basis. Pursuant to the Issuer's option exchange offer, the number of shares of Restricted Stock listed in the immediately preceding row were awarded to the Reporting Person in exchange for the number of options listed in this row. TheIssuer cancelled such options. The cancelled option provided for vesting in five equal annual installments commencing on April 26, 2000. The cancelled option provided for vesting in five equal annual installments commencing on October 1, 2000. The cancelled option provided for vesting in five equal annual installments commencing on October 12, 2001. William Sheridan 2004-03-31