Sotheby's announced resignation of David Goodman from Executive Vice President, Digital Development and Marketing, of the Company. Mr. Goodman's departure qualifies as a termination other than for cause" in anticipation of a change-in-control for purposes of the Company's Executive Severance Plan and he will receive severance in accordance therewith. Additionally, Mr. Goodman will be entitled to continued vesting of his 17,870 restricted stock units and 26,899 performance share units, which will remain eligible for the treatment applicable to such awards pursuant to the terms of the Agreement and Plan of Merger, dated as of June 16, 2019, by and among the Company, BidFair USA LLC and BidFair MergeRight Inc.