X0202 4 2006-03-10 0 0000823094 SOTHEBYS HOLDINGS INC BID 0001248066 ZUCKERMAN MITCHELL 38500 WOODWARD AVENUE SUITE 100 BLLOMFIELD HILLS MI 48304 0 0 0 1 President, Soth. Financl. Serv Class A Limited Voting Common Stock 2006-03-10 4 M 0 80000 A 129464 D Class A Limited Voting Common Stock 2006-03-10 4 S 0 26600 23.00 D 102864 D Class A Limited Voting Common Stock 2006-03-10 4 S 0 1500 23.01 D 101364 D Class A Limited Voting Common Stock 2006-03-10 4 S 0 400 23.02 D 100964 D Class A Limited Voting Common Stock 2006-03-10 4 S 0 5000 23.03 D 95964 D Class A Limited Voting Common Stock 2006-03-10 4 S 0 200 23.04 D 95764 D Class A Limited Voting Common Stock 2006-03-10 4 S 0 100 23.05 D 95664 D Class A Limited Voting Common Stock 2006-03-10 4 S 0 10000 23.06 D 85664 D Class A Limited Voting Common Stock 2006-03-10 4 S 0 400 23.10 D 85264 D Class A Limited Voting Common Stock 2006-03-10 4 S 0 500 23.11 D 84764 D Class A Limited Voting Common Stock 2006-03-10 4 S 0 1300 23.12 D 83464 D Class A Limited Voting Common Stock 2006-03-10 4 S 0 9200 23.13 D 74264 D Class A Limited Voting Common Stock 2006-03-10 4 S 0 3300 23.14 D 70964 D Class A Limited Voting Common Stock 2006-03-10 4 S 0 10700 23.15 D 60264 D Class A Limited Voting Common Stock 2006-03-10 4 S 0 2900 23.16 D 57264 D Class A Limited Voting Common Stock 2006-03-10 4 S 0 400 23.17 D 56964 D Class A Limited Voting Common Stock 2006-03-10 4 S 0 4800 23.18 D 52164 D Class A Limited Voting Common Stock 2006-03-10 4 S 0 1200 23.19 D 50964 D Class A Limited Voting Common Stock 2006-03-10 4 S 0 300 23.27 D 50664 D Class A Limited Voting Common Stock 2006-03-10 4 S 0 500 23.28 D 50164 D Class A Limited Voting Common Stock 2006-03-10 4 S 0 400 23.29 D 49764 D Class A Limited Voting Common Stock 2006-03-10 4 S 0 300 23.35 D 49464 D Employee Stock Option-Right to Buy 18.6875 2006-03-10 4 M 0 50000 D 2007-10-30 Class A Limited Voting Common Stock 50000 0 D Employee Stock Option-Right to Buy 18.875 2006-03-10 4 M 0 30000 D 2010-02-24 Class A Limited Voting Common Stock 30000 40000 D Not Applicable Includes 49,464 shares of unvested restricted stock. Granted under the Issuer's 1997 Employee Stock Option Plan 10,000 stock options became exercisable on each of the following: 10/30/98, 10/20/99, 10/30/00, 10/30/01 and 10/30/03 respectively. 14,000 stock options became exercisable on each of the following: 2/24/01, 2/24/02, 2/24/03, 2/24/04 and 2/24/05 respectively. /s/ Mitchell Zuckerman 2006-03-14