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KING INVESTMENT ADVISORS INC
> BID
| Date | Name | Ticker | Shares | Change | Value | Change | Price |
| 12/31/2015 | SOTHEBYS | BID | 0 | -191,295 | 0 | -6,431,000 | |
| 06/30/2015 | SOTHEBYS | BID | 0 | -191,295 | 0 | -6,431,000 | |
| 03/31/2014 | SOTHEBYS | BID | 0 | -38,730 | 0 | -1,903,000 | |
| 12/31/2013 | SOTHEBYS | BID | 0 | -38,730 | 0 | -1,903,000 | |
| 09/30/2013 | SOTHEBYS | BID | 38,730 | -152,565 | 1,903,000 | -4,528,000 | $49.14 |
| 06/30/2013 | SOTHEBYS | BID | 162,625 | -28,670 | 6,165,000 | -266,000 | $37.91 |
| 03/31/2013 | SOTHEBYS | BID | 171,615 | -19,680 | 6,420,000 | -11,000 | $37.41 |
| 12/31/2012 | SOTHEBYS | BID | 191,295 | -111,555 | 6,431,000 | -3,109,000 | $33.62 |
| 09/30/2012 | SOTHEBYS | BID | 302,850 | -3,335 | 9,540,000 | -674,000 | $31.50 |
| 06/30/2012 | SOTHEBYS | BID | 306,185 | 92,480 | 10,214,000 | 1,807,000 | $33.36 |
| 03/31/2012 | SOTHEBYS | BID | 213,705 | 1,605 | 8,407,000 | 2,356,000 | $39.34 |
| 12/31/2011 | SOTHEBYS | BID | 212,100 | 148,915 | 6,051,000 | 4,309,000 | $28.53 |
| 09/30/2011 | SOTHEBYS | BID | 63,185 | 14,800 | 1,742,000 | -363,000 | $27.57 |
| 06/30/2011 | SOTHEBYS | BID | 48,385 | -2,388 | 2,105,000 | 964,000 | $43.51 |
| 12/31/2009 | SOTHEBYS | BID | 50,773 | 50,773 | 1,141,000 | 1,141,000 | $22.47 |
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