EFTA01193922.pdf

TRUSTS 2014 LDB LLC UNREAUZED LO TO HI JULY 2014 SOTHEBY'S Sotheby's Fair Value (% CUMULATIVE (PLEDGED) Appraised Ownership) or GROSS GIFT. NAME OF Total Paid (in Value (July Cost (if not on UNREAUZED UNREALIZED OWNERS DONEE Mist Item Description USD) 2014) Appraisal) GAIN (LOSS) . GAIN (LOSS) INCREMENTAL HIP % INSTITUTION NARROWS •MANET. EDOUARD 'Portrait de Bertha Morisot 25,226.302 15,000.000 15.000.000 (10,226.302) (10,226302) 100% NARROWS BRAQUE. GEORGES Homage to J.S. Bach} (48% rarest) 13,005.000 6.242.400 (6,762,600) (16,988.902) 48% MoMA NARROWS SMITH. DAVID Cubi II 25,776000 22,000.000 22.000.000 (3,770.000) (20,758.902) 100% NARROWS PICASSO. PABLO Tele dbomme 9.103.500 7,000.000 7.000,000 (2,103,500). (22,862,402) 100% NARROWS ROTHKO. MARK Black. White, Blue 5,429315 3,500.000 3.500,000 (1,929.315). (24,791,717) 100% NARROWS DAVE. JACQUES-LOUIfi Les amours de Paris et Helene 4,928.028 3,500.000 3,500,000 (1,428,028) (26,219.745) 100% NARROWS _STRAET, JAN VEN DER, Disegni Rappresentanb it Purgatorio Di Dante Alighi 1,525600 175.000 175,000 (1,350,000) (27,569.745) 100% NARROWS KIPPENBERGER, MARTIUntitled (from the series The Raft of the Medusa) T 3,819,135 2,500,000 2,500,000 . (1,319,135). (28,888,880) 100% MoMA NARROWS PICASSO. PABLO Tete moustachue 8.166625 7,000.000 7,000,000 (1,165.625) (30,054.505) 100% NARROWS CIE GOYA. FRANCISCO Bul Held by a Cord 13,146222 12,000.000 12.000,000 1 (1,146.222) (31,200.727) 100% NARROWS REMBRANDT VAN RIJN Christ Crucified Between Two Thieves (The Three C 2,384250 1,400.000 1,400,000 (984.250) (32,184.977) 100% NARROWS KELLY, ELLSWORTH Diagonal with Curve XVI 1,666788 700,000 700,000 (965.788) (33,150.764) 100% NARROWS NOGUCHI. ISAMU Personnage Ill (Ningen 3) 2.147300 1,200.000 1,200,000 (947.500) (34,098.264) 100% NARROWS DE TOULOUSE-LAUTREAu bat de ropera 10,968.634 10,125.000 10,125,000 (843,634). (34,941.898). 100% NARROWS KIEFER. ANSELM Isis on the Way 1,625.625 800.000 800,000 (825.625) (35,767.523) 100% NARROWS INGRES, JEAN-AUGUST Garonne Charles-Atharase Walckenear. nee Marie-. 1,296.630 500.000 500,000 (796,630). (36,564.153) 100% NARROWS CIE GOYA. FRANCISCO La culpa es tuya (test de la faute) (Its all your fault 2,778.085 - 2,000.000 2,000,000 (778,085). (37,342238) 100% NARROWS MATISSE, HENRI Femme Emma en blouse Roumaine motifs de brode 3,266250 2,500.000 2.500,000 000 (766.250) (38,108.488) 100% NARROWS REMBRANDT VAN RIJN Group of six prints including the Six Portrait. 100 Gu 9,254375 8,500.000 8,500,000 (754,375). (38,862363) 100% NARROWS MANET, EDOUARD La posada (The tavern or Before the Corrkla) 2,994.063 2,250.000 2 " (744.063) (39,606.925) 100% NARROWS KLEE, PAUL Untitled 4,725220 4,000.000 4:001000 A725,220). (40,332,145) 100% NARROWS 'MIRE, JOAN Oiseau Lunaire 4,191.688 3,500,000 3,500,000 (691,688) (41,023,833). 100% NARROWS GON7Al F7 JULIO Homme gothique 3,100324 2,500.000 2.500,000 (600.324) (41.624.157)1 100% NARROWS COROT, JEAN-BAPTISTIPatrait of Mlle. Jeanne Farochon 1,082300 500.000 500,000 A582,500). (42,206,857) 100% NARROWS SCHIELE, EGON Seated Nude Violet Stockkigs 3,375.125 2,800.000 2.800,000 (575.125) (42,781,782 100% NARROWS GAUGUIN, PAUL Setf-Portrait 5,062.688 4,500.000 4,500,000 A562,688). (43,344,469). 100% NARROWS ZHANG HUAN Airplanes 758.625 200.000 200,000 A558,625). (43,903,094) 100% NARROWS MANET, EDOUARD Huttres 6,502.500 8,000.000 6,000,000 (502.500) (44,405.594) 100% NARROWS CEZANNE, PAUL Le jardin des Lauves: Vue sur Aix et le Cathedrals d 5,966625 5,500.000 5,500,000 (460,625). (44,866,219) 100% NARROWS KIRCHNER, ERNST LOD Wettertannen (D. H 392) 1,439.992 1,000.000 1.000,000 (439.992) (45,308,211) 100% NARROWS MATISSE. HENRI Rendering of the Barnes Mural ri Progress 2.177.500 1,750.000 1,750,000 (427.500) (45,733.711) (45,733.711) 100% NARROWS SEVERINI. GINO Cautobus 1.418229 1,000.000 1,000,000 (418.229) (46,151.940) 100% NARROWS CARRACCI, LUDOVICO St. John The Evangelist 877,489 460,165 480 165 (417,324). (46,569,264) 100% NARROWS MILLET. JEAN-FRANcOl La ravaudeuse (Madame Millet) 570.833 175.000 175,000 (395.833) (46,965698) 100% NARROWS VAN DYCK. SIR ANTHOI.Two Studies of a Bearded Man 7.893.482 7,500,000 7,500,000 (393.482) (47,358,579) 100% NARROWS SCHONGAUER Group of Prints. Including the large Crucifixion 4,355.000 4,000,000 4,000,000 (355.000). (47,713,579) 100% NARROWS TINTOFtETTO. JACOPO Study of male nude lythg on the ground 854233 500.000 500,000 (354,233). (48,067,813) 100% NARROWS GIACOMETTI, DIEGO 'Chandelier 1,449.563 1,100.000 1,100,000 (349.563) (48,417,375) 100% NARROWS REDON, ODILON La Tentation de Saint-Antoine 1,573244 1,250.000 1,250,000 (323,244). (48,740,619) 100% NARROWS BALDUNG. HANS Head of a Man. in Three-Quarter-Profile to the Left 4,022.880 3,700.000 3,700,000 (322.880) (49,063.499) 100% NARROWS CEZANNE, PAUL Sous-bois and Chapeau et fleurs dans une touteille 3,320,367 3,000.000 3.000,000 (320,367). (49,383366) 100% NARROWS DAUMIER, HONORE Galerie de tableaux (Les Amateurs de tableaux) 3,810.625 3,500.000 — 3.500,000 (310,625). (49,894,491). 100% NARROWS DUVET, JEAN Group of Prints including the Apocalypse 3,810.625 3,500.000 3.500,000 (310.625) (50,005,116)1 100% NARROWS KLEE, PAUL Exotische Flusslandschaft 1,306.054 1,000,000 1.000,000 (306,054) (50,311,170) 100% NARROWS INGRES, JEAN-AUGUST Peel:rail de Mlle. Jeannette Hayard 1,100.000 800.000 800,000 (300.000) (50,611,170) 100% NARROWS REDON, ODILON Bouquet de (Blurs 2,800.000 2,500.000 2,500,000 (300.000). (50,911,174 100% NARROWS REDON, ODILON Les Flours du Mal 1,769219 1,500,000 1,500,000 (269,219) (51,180,389) 100% NARROWS INGRES, JEAN-AUGUST Portrait presume de Gioacchtho Rossini 768.065 500.000 500,000 (268.065). (51,448.454) 100% NARROWS MASTER E. S. Group of 15th Century Prthts.Includthg the initial "M 3,266250 3,000.000 3,000,000 (266.250) _(51,714.704) 100% NARROWS HALS. FRANS Portrait of a Man Holding a Bock 5,263616 5,000.000 5,000,000 (263.016) (51,977.720) 100% NARROWS ZUCCARO. TADDEO A Bacchic procession with drunken Silenus 341246 80.000 80,000 _(261.246) _(§2,238.966) 100% NARROWS MIRE. JOAN Pastorale 1,056.656 800.000 800,000 A256.656) (52,495.622) 100% NARROWS GELLEE, CLAUDE CALLView of Chrileveochie with a Draughtsman and Figui 2,255330 2,000.000 2,000,000 (255.330) (52,756952) 100% NARROWS DELACROIX, EUGENE Portrait de Schmareck, linnet° a Tenger 800695 550.000 550,000 (250.095) _(§3,001.047) 100% NARROWS VAN LEYDEN. LUCAS The Angel Gabriel for an Annunciationt (4422% int 3,251250 6,800.000 3,006,960 (244.290) (53,245.337) 44% NARROWS KUBIN. ALFRED The Swarm 287.197 70.000 70,000 (217.197) (53,462534) 100% NARROWS DE GOYA. FRANCISCO Bits of Bordeaux: a group of four (El American. Eti. 714.450 500.000 500,000 (214.450) (53676.984) 100% NARROWS KLEE, PAUL WI (In Memoriam) 2,613,000 2,400,000 2,400,000 . _(213,000) (53,889,984). 100% NARROWS PRUD'HON. PIERRE-PAIR:chit de Madame Peen de Saint-Gilles 453.688 250.000 250,000 (203.688) (54,093672) 100% NARROWS ZHANG HUAN Ash Skull No. 14 346.800 150.000 150.000 (196.800) (54.290.472) (8.984260) 100% Page 1 of 10 EFTA01193922  TRUSTS 2014 LOB U.0 UNREALIZED LO TO HI JULY 2010 SOTHEBY'S Sotheby's Fair Value (% CUMULATIVE (PLEDGED) Appraised Ownership) or GROSS GIFT. NAME OF Total Paid (in Value (July Cost (rf not on UNREALIZED UNREALIZED OWNERS DONEE Mist Item Desaiptbn USD) 2014) Appraisal) GAIN (LOSS) GAIN (LOSS) INCREMENTAL HIP % INSTRUTION NARROWS DORER. ALBRECHT Group of Prints: Woodcuts and Engravings includin( 2.177,500 2,000.000 2.000,000 (177,500) (54,487.972) 100% NARROWS VAN MECKENEM. ISRAI- Group of Prints 2.177.500 2,000.000 2.000,000 (177.500) (54,645.472). 100%' NARROWS ICANDINSKY, VASSILY Above and Left 6.177,375 6,000.000 8,000,000 (177,375) (54,822.847) 100% NARROWS KLEE. PAUL Freuenpatrait in Rot (Bertha) 1,375.000 1,200.000 1,200,000 (175,000) (54,997,847) 100% NARROWS GIACOMETTI, DIEGO Pal' of Andirons 299.898 125.000 125,000 (174.898) (55,172,745) 100% NARROWS BRONZINO. GNOLO Seated Male Nude (Study for the Martyrdom of Sain 2,172.500 4,000.000 2,000,000 (172.500) (55,345,245) 50% Met NARROWS REDON, ODILON Beatrice 868.125 700,000 700,000 (168,125) (55,513,370) 100% NARROWS REDON, ODILON Dans le rive (Mellerio 27-36) 205.675 40.000 40.000 (165.675) (55,679.045) 100% NARROWS RICKEY, GEORGE Two Lines Up Eccentric - Twelve Feet 762,125 600,000 600,030 (162.125) (55,841,170). 100% NARROWS MILLET. JEAN-FRAICOI Cooper Tightening Staves on a Barrel 288.863 125,000 125.000 (161,863) (56,003.032) 100% NARROWS CARPACCIO. VITTORE Study of a Lion 1,850.875 1.700.000 1.700.000 (150,875) (513,153.907): 100% NARROWS GIACOMET, DIEGO Pedestal a l'aseau 324.750 175,000 175.000 (149,750) (513,303.657) 100% NARROWS KLEE, PAUL Web und Tier (Komfeld. no. 3) 249.458 100,000 100.000 (149.458) (56,453.115)' 100% NARROWS CONSTABLE. JOHN Cloud Study 598.813 450,000 450.000 (148.813) (513,601.928). 100% NARROWS KLEE. PAUL Tief-Ebene (Lowlands) 1,897.564 1.750,000 1.750,000 A147.564) (513,749.492) 100% NARROWS LELY. SIR PETER A standing figure of a gentleman from the Processio 1.794.461 1.648.165 1,848,165 (146.296) (58,895.788) 100% NARROWS VALDES. MANOLO 'Ariadne 695.050 550,000 550,000 A145.050) /57,040.838): 100% NARROWS NOLDE. EMIL Junges Paar (S. L52) 228.969 90,000 90,000 A138.969) _(57,179.807) 100% NARROWS GIACOK1ETrl. ALBERTO Jean-Paul Sartre 385.988 250,000 250,000 (135.988) (57,315.794)* 100% NARROWS WESSELMANN, TOM Nude with Floral All (Large Black) 385.000 250,000 250,000 A135.000) _(57,450.7“): 100% NARROWS ENSOR. JAMES Alimentatie‹, doctrinaire- Doctrinal Nourishment (T.I 248235 114,000 114,000 (134.235) (57,585.029) 100% NARROWS BECKMANN, MAX Bei dec Toilette (At the Toilette) (H. 261 B; GI. 232: C 150.000 20,000 20,000 A130.000) /57,715.029). 100% NARROWS CASTELLANI, ENRICO Superficie bianca 402,315 275,000 275,000 (127.315) (57,842,344) 100% NARROWS CHASSERIALJ, THEODO Recto: Portrak of a Little Couloughi 249.022 125.000 125,000 (124.022) (57,966.366) 100% NARROWS KLEE, PAUL Wet und Tier - Inv. 1 (Komfekl, no.13) 273.102 150.000 150,000 J123.102)' _(58,089,468) 100% NARROWS BRAQUE GEORGES La table (Still Life with e Fan)l. (50% interest) 2,871,938 5,500.000 2,750,000 (121.938) (58,211A06) 50% MoMA NARROWS KLIMT. GUSTAV Reclining Woman to the Right 570.692 450.000 450,000 J120.692) /58,332.098)• 100% NARROWS REMBRANDT VAN RIJN Christ Crucified Between Two Thieves (The Three C 1.517.250 1,400.000 t400,000 J117.250) _(68,449.348) 100% NARROWS DELACROK EUGENE Mariée juive a Tanger 1,115.000 1,000,000 1,000,000 (115.000) (58,564.348) 100% NARROWS WRIGHT OF DERBY, JO:A Grotto in the Gulf of Salerno. Morning and A Grolt 1,408.875 1,300.000 1,300,000 J108.875)' /58,673223Y (4.382.751)' 100% NARROWS FRA BARTOLOMMEO (BStudies of Heads: a double-sided drawing 2 07 894 2,000,000 2.000,000 (107.894) (58,781.117). 100% NARROWS GROSZ. GEORGE L'uomo nuovo 1,431.161 1,325.000 1,325,000 A106.161) (58,887278) 100% NARROWS KLEE, PAUL Die Schlange 1,103.888 1,000,000 1,000,000 A103.888) (58,991.166) 100% NARROWS BAROCCI, FEDERICO Recto: Studies of Angels and Chicken's Heads 503,107 400,000 400,000 _(103.107) (59,094,273) 100% NARROWS KLEE, PAUL Chinestsch II 1,300.500 1,200,000 1,200,000 (100.500) (59,194.773) 100% NARROWS MATISSE, HENRI Autoportrait 270.625 175,000 175,000 (95,625) (59,290.398) 100% NARROWS KLIMT. GUSTAV Reclining Woman with Bent Arms 345.419 250,000 250,000 (95,419) (59,385.817)* 100% NARROWS TURNER. RA, JOSEPH Kilgarren Castle. Pembrokeshire 893,875 600,000 800,000 (93,875) (59,479.692)* 100% NARROWS SERRA. RICHARD Transparency 03.2012 193.569 100,000 100,000 (93,569) (59,573260) 100% NARROWS DORER. ALBRECHT Mam and Eve (Bartsch 1; Mede. state Ila of led) 1.192.125 1.100,000 1,100,000 (92.125) (59,665.385)* 100% NARROWS SERRA. RICHARD Transparency 02.2012 191.529 100,000 100,000 (91.529) (59,756.914) 100% NARROWS PICASSO. PABLO Etude de personnages 1,291.000 1,200.000 1,200,000 (91.000) (59,847.914). 100% NARROWS ENSOR, JAMES Self Portrait 489.938 400.000 400,000 (89,938) (59,937.852) 100% NARROWS GERICAULT, THEODORIUntitled (Leda and tie Swan) 1,088.750 1,000.000 1,000,000 (88,750) (60,026.602). 100% NARROWS DORER, ALBRECHT Saint Anthony Reeding 420.802 336.500 338,500 (84.302) (60,110,904)1 100% NARROWS REDON, ODILON After Edgar A. Poe (Mellen° 37-43) 162.375 80,000 80,000 (82.375) (60,193.279)1 100% NARROWS BOUCHER, FRANCOIS Sheet of Studies of a Turbanned Head, a Foot. and 847.857 770,000 770,000 (77.857) (60,271.136). 100% NARROWS INGRES, JEAN-AUGUST Mire et enfant (Esquisse de le Martyre de Saint Syn 200.263 125,000 125,000 (75.263) (60,346,398) 100% NARROWS SEURAT, GEORGES Cavalier sur une route 1,575214 1.500,000 1.500,000 (75.214) (60,421.613) 100% NARROWS LONG, RICHARD Sun Line 325.125 250,000 250,000 (75.125) (60,496.738). 100% NARROWS LONG, RICHARD Cornish Slate Cross 325.125 250,000 250,000 (75.125) (60,571.863) 100% NARROWS DENIS. MAURICE Jeunes Idles cueilant des fleurs levant lamer 572.400 500,000 500,000 (72.400) /60,644263). 100% NARROWS FOSSE. CHARLES DE UA mounted soldier. seen from behind 429.829 360.000 380,000 (69.829) A60,714.092). 100%• NARROWS KELLY, ELLSWORTH Brushstrokes Cut into Thirty-five Squares and Arran 293.962 225.000 225,000 (68.962) (60,783.054) 100% NARROWS PIRANESI. GIOVANNI An Architectural Fantasy with a Colossal Obelisk 867.000 800.000 800,000 (67.000) /60,850.054) 100% NARROWS DAUMIER, HONORE 'L'amateur estampes 315,498 250.000 250,000 (65.498) (60,915.551)* 100%' NARROWS BELLOWS, GEORGE WEDempsey and Firpo (M. 181) 127,735 65,000 65,000 (62.735) (60,978286) 100% NARROWS KHNOPFF, FERNAND De animalité 121.781 60.000 60,000 (61.781) (61,040.068). 100% NARROWS KIRCHNER, ERNST LUDKopf Ludwig Schames (D.H 330) 100,000 40.000 40,000 (60,000), (61,100,068). 100%1 NARROWS NOLDE. EMIL Junges Paar (S.L52) 150.000 90.000 90,000 (60.000), (61,160.068) (2,486.845): 100% LDB LENNON. JOHN Autograph manuscript of John Lennon's lyrics for the 1.309222 1.250.000 1.250.000 (59.222) (61.219.290)* 100%' Page 2 of 10 EFTA01193923  TRUSTS 2014 LOB LLC UNREAUZED LO TO HI JULY 2014 SOTHEBY'S Sothebys Fair Value (% CUMULATIVE (PLEDGED) Appraised Ownership) or GROSS GIFT. NAME OF Total Paid (in Value (July Cost (if not on UNREALIZED UNREALIZED OWNERS DONEE Mist Item Description USD) 2014) Appraisal) GAIN (LOSS) GAIN (LOSS) INCREMENTAL HIP % INSTITUTION NARROWS NOLDE. EMIL Junges Paar (S.L52) 233.658 175.000 175.000 (58.658) (61,277.948). 100% NARROWS MULTIPLE ARTISTS A Selection of Early German Prints 707.688 . 650.000 650.000 (57.688) (61,335.636) 100%• NARROWS DAVE. JACOUES-LOULEPcdrart of a Revolutionary in Profile Facing Left 255.000 •• 200.000 200.000 (55.000) (61,390.636). 100% NARROWS FRAGONARD. JEAN-HO Landscape with a Double Flight of Steps and Eight f 654.913 600.000 600.000 (54.913) (61,445.548). 100% NARROWS REMBRANDT VAN RIJN The Three Trees (Bartsch 212; White/Boon. only eta 704.438 . 650.000 • 850,000 (54.438) (61,499.986) 100% NARROWS VASARI, GIORGIO Christ Giving Saint Peter the Keys (Le Christ donna; 588.621 • 535.000 • 535,000 (53.621) (61,553.607). 100%_ NARROWS FREDRICH, CASPAR arDas grosse gehege 1,302328 1,250.000 1,250,000 (52.828) (61,608.435) 100% NARROWS REMBRANDT VAN RIJN A Vagrant Couple with a Dog 672.792 • 620.000 820,000 (52.792) (61,659.227). 100% NARROWS BRUEGEL THE ELDER, I The Rabbit Hunt 677,344 625 000 825,000 (52.344) (61,711,571). 100% NARROWS INGRES, JEAN-AUGUST Virgil Reading the Aeneid to Augustus. Livia, and Or 650250 1,500.000 800,000 (50.250) (61,761321). 40% Met NARROWS BEARDSLEY, AUBREY V The Achievin of the Sangreal 175.000 • 125.000 125,000 (50.000) (61,811321). 100% NARROWS COROT, JEAN43APTISTIRome. La Vasque de la Vila Medici 550.000 500.000 500,000 (50.000) (61,861321). 100% NARROWS GIACOMETTI, DIEGO Par of Lamps Decorated with Owl and Cup 165.622 • 120.000 120,000 (45.622) (61,907.443) 100% NARROWS BECKMANN, MAX Selbstbidnis mit Steifem Hut (H.180: GL.157: 6.153 120.000 • 75.000 75,000 (45.000) (61,952.443). 100% NARROWS _DUTCH AND FLEMISH. 1Group of prints including examples by Lucas van Le 544.375 500.000 500,000 (44.375) (61,998318) 100% NARROWS EARLY ITALIAN AND SFr Group of prints including The Campagnola 544.375 • 500.000 500,000 (44.375) (62,041.193). 100% NARROWS REMBRANDT VAN RIJN Landscape with Three Gabled Cottages Beside a R 544.375 500.000 500,000 (44.375) (62,085.588). 100% NARROWS WATTF_AU. JEAN-ANTOI Untitled (Cottage) (Landscape after Campagnola) 544.375 500.000 500,000 (44.375) (62,129.943). 100% NARROWS *BUFtNE-JONES. EDWAR Sir Galahad I 243.563 • 200.000 200,000 (43.563) (62,173.505). 100% NARROWS NOLDE. EMIL Segelboat (S.H.37) 58.500 . 15.000 15,000 (43.500) (62,217.005). 100% NARROWS KLEE, PAUL Charme (Weiblich Anmut) Invention no. 5 (K12) (Fe 103.431 60.000 60,000 (43.431) (62,260.436). 100% NARROWS ENSOR, JAMES La Vengeance de Hop Frog (Hop Frog's Revenge I 113.310 . 70.000 70,000 (43.310) (62,303.747). 100% NARROWS CARRACCI, ANNIBALE Retum of the Prodigal Son I 342,073 300,000 300,000 (42.073) (62,345,820). 100% NARROWS GREUZE. JEAN-BAPTIS1Pcctrail of a Young Gentleman 458.152 415.000 415,000 (41.152) (62,388.972). 100% NARROWS DAVE. JACOUES-LOULE The Ghost of Septimus Severus Appearing to Caren 520.200 480.000 480,000 (40.200) (62,427.172). 100%. NARROWS BOURDELLE, EMILE AN'Penetope 60.000 20.000 20,000 (40.000) (62,467.172). 100% NARROWS KIRCHNER, ERNST LUDBilliardspeler (D. L290) 110.000 70.000 70,000 (40.000) (62,507.172) 100% NARROWS GAINSBOROUGH, THOh Wooded Landscape with Figures Outside a Cottage 189.438 • 150.000 150,000 (39.438) (62,548.609) 100% NARROWS SERRA. RICHARD Conrad 538.931 500.000 500,000 (38.931) (62,585.541). (1.425.473)•. 100% NARROWS SERRA. RICHARD Olson 538.931 500.000 500,000 (38.931) (62,624.472) 100% NARROWS KLEE, PAUL Invention 8 - Perseus (Der Witz hat uber des Laid p 88,733 • 50.000 50,000 (38.733) (62,663.205). 100% NARROWS ALTDORFER, ALBRECH A Landscape with Two Pine Trees in the Center (B. 588.621 550.000 550,000 (38.621) (62,701.826) 100% NARROWS GORKY, ARSHILE Nighttime. Enigma and Nostalgia 163.375 , 125.000 125,000 (38.375) (62,740.201) 100% NARROWS BELLOWS, GEORGE WEA Stag at Sharkey's (M.46) 133,688, 100,000 100,000 (33.688) (62,773,889) 100% _ NARROWS DERAIN. ANDRE Figures in a Landscape 433.000 400.000 400,000 (33.000) (62,808389) 100% NARROWS DUBUFFET, JEAN Table au convert dresser 92.012 • 60.000 60,000 (32.012) (62,838.901). 100% NARROWS GIACOMETTI, ALBERTO Larripadaire a la tete de femme 131.662 100.000 100,000 (31.662) (62,870.583) 100% NARROWS MASTER L. CL Untitled 381.083 • 350,000 (31.063) (62,901.626) 100% NARROWS BUFtNE-JONES, EDWAR The Wise and Foolish Virgins 805.600 • 775.000 775,000 (30.600) (62,932226). 100% NARROWS MODIGLIANI, AMEDEO Caryatid. Frontal View. with Background, Hands Be 380.188 350.000 350,000 (30.188) (62,962.413). 100% NARROWS DORER. ALBRECHT Coat of Anus with a Skull 368.542 • 338.500 338,500 (30.042) (62,992.455). 100% NARROWS KIRCHNER, ERNST LUDArtistenkind-Marcella (Dube L. 136, I of II) 80.000 50.000 50,000 (30.000) (63,022.455) 100% NARROWS MARIN, JOHN From Crotch Isle. Maine 60.000 30.000 30,000 (30.000) (63,052.455). 100% NARROWS HUGO. VICTOR A Figure Passing in the Horizon, a Gothic Cha in 154.319 125.000 125,000 (29.319) (63,081,774 100% NARROWS DONGEN. KEES VAN Femme a sa toilette . 54.000 25.000 25,000 (29.000) (S3,110,774) 100% NARROWS POUSSIN, NICOLAS Phedre with Cupid and asus 728.515 700.000 700,000 (28.515) (33,139289) 100% NARROWS DEGAS. EDGAR Danseuse mettant son bas 277.500 250.000 250,000_ (27.500) _(B3,168.789) 100%. NARROWS GIMHONGSOK Canine Construcbcn 127,500 100.000 100,000 (27.500) (63,194289) 100% NARROWS REDON, ODILON Caliban 325.125 300.000 300,000 (25.125) (63,219.414). 100% NARROWS GERICAULT, THEODORIRecto: Deux totes d'orientaux (The Heads of Two li 275.000 . 250.000 250,000 (25.000) /B3,244.414) 100% Met NARROWS MOREAU. GUSTAVE Le jeune homme et la mon (Hommage a Chasseria 275.000 250.000 250,000 (25.000) (63,269.414). 100% NARROWS _TWACHTMAN. JOHN HElrises 55,000 30.000 30,000 (25.000) _033,294.414). 100% NARROWS NOLDE. EMIL Calla and Sommerblumen 196.474 . 175.000 175,000 (21.474) _033,315388). 100% NARROWS PIAZZETTA. GIAMATTI:Standing Male Nude (recto), Seated Male Nude (ye 261.300 240.000 240,000 (21.300) (63,337.188). 100% NARROWS BRESDIN. RODOLPHE A Battle Scene 100.131 80.000 80,000 (20.131) _033,357319). 100% NARROWS BRESDIN. RODOLPHE A Lion Hunt 100.131 . 80.000 80,000 (20.131) (63,377.451). 100% NARROWS SERRA. RICHARD Sofd No. 3 218.971 200.000 200,000 (18.971) _033,398.422). 100% NARROWS SERRA. RICHARD SofKI No. 11 218.971 . 200.000 200,000 (18.971) (33,415,393) 100% NARROWS DIX, 0170 Mary 108,875 90,000 90,000 (18.875) AS3,434,288) (848,728) 100% _ NARROWS SERRA. RICHARD Sold No. 13 218.189 200.000 200,000 (18.189) (33,452.457). 100% NARROWS ENSOR. JAMES Mon atelier 34.100 ' 16.000 16.000 (18.100), (33.470557) 100% Page 3 of 10 EFTA01193924  TRUSTS 2014 LOB UX UNREAUZED LO TO HI JULY 2014 SOTHEBY'S Sotheby's Fair Value (% CUMULATIVE (PLEDGED) Appraised Ownership) or GROSS GIFT. NAME OF Total Paid (in Value (July Cost Of not on UNRFAI 17FD UNREALIZED OWNERS DONEE Artist Item Description USD) 2014) Appraisal) GAIN (LOSS) GAIN (LOSS) INCREMENTAL HIP % INSTITUTION NARROWS CHIRINO. MARTIN Cabana 25.000 7.000 7.000 (18.000) (63,488.557) 100% NARROWS JORDAENS. JACOB Study of a Man Seen from Behind 316.282 300.000 300,000 (16.282) (63,504.839) 100% NARROWS MUNCH, EDVARD Vampyre (S.34: W.41) 265.776 250.000 250,000 (15.776) (63,520.615) 100% NARROWS KLEE, PAUL Der Held mit dern %gel - Invention 2 (K.16) 115.584 100.000 100,000 (15.584) (63,536.199) 100% NARROWS GILLOT. CLAUDE Celebration en l'honneur du dieu Pan (Celebrabon it 215.390 200.000 200,000 (15,390) (63,551,589) 100% NARROWS ZHANG HUAN Handicraftsman (from the Memory Door series) 195.075 180.000 180,000 (15.075) (63,566.664) 100% NARROWS ZHANG HUAN Broomoom Field (from the Memory Door series) 195.075 180.000 180,000 (15,075). (63,581.739). 100% NARROWS ZHANG HUAN Stairs (from the Memory Door series) 195.075 180.000 180,000 (15,075). 563,596.814). 100% NARROWS COROT, JEAN-BAPTISTIVue de Volterra 85.000 70,000 70,000 (15,000) (S3,611,814) 100% NARROWS BECKMANN. MAX Taubstumme 84.435 70.000 70,000 (14,435). /63,626249) 100% NARROWS LONGHL PIETRO Two Standing Women 174.200 160.000 160,000 (14,200). /63,640.449) 100% NARROWS KIRCHNER, ERNST LUDTanzeril mit gehobenem Rock (Dube W 141) 103.797 90.000 90,000 (13,797). /63,654.246) 100% NARROWS DORER. ALBRECHT The Four Horsemen (Bartsch 64: Kistler 167b) 373.642 360.000 380,000 (13,642). 563,667.888) 100% NARROWS DE SAINT-AUBIN, GABR The Triumph of Pompey: (50% interest) 212.462 400.000 200,000 (12,462) (63,680.350) 50% NARROWS DE SAINT-AUBIN, GABR Victory of Tarquin over the Sabines and Etruscans 27.156 15.000 15.000 (12,156). (63,692507) 100% NARROWS KLEE, PAUL Greiser Phoenix - Inv. 9 (Kornfeld. 17) 131.493 120.000 120,000 (11,493) (63,704.000). 100% NARROWS INGRES, JEAN-AUGUST Gabriel Cortois de Pressigny (Delteil 1 ii)i) 16.898 6.000 6,000 (10,898). (63,714.898) 100% NARROWS BECKMANN, MAX Kasbek (H. 281: G. 245) 28.145 17.500 17,500 (10,645). (63,725.543) 100% NARROWS ENSOR. JAMES La Belgique au XIXe siede — Belgium in the XIXth C 124.117 114.000 114,000 (10,117). (63,735.660) 100% NARROWS MANET, EDOUARD .Apres le bain k (Leaving the Bath) (Seated Bather) 210.000 200.000 200,000 (10,000). (63,745.660) 100% Met NARROWS SEURAT, GEORGES Arbres et bateaux 1,760.000 1,750.000 1,750,000 (10,000) (63,755.660) 100% NARROWS VUILLARD, EDOUARD Le Mannequin 59.538 50.000 50,000 (9,538). (63,765,197) 100% NARROWS ENSOR, JAMES Le Combat des pouileux Desk et Rissole - the Fight 124.117 115,000 115,000 (9,117), (63,774,314) 100% NARROWS ENSOR. JAMES Les Bains dOstende - The Baths at Ostend (T.115) 124.117 115.000 115,000 (9.117) (63,783431) 100% NARROWS BFtESDIN. RODOLPHE Le Bon Samaritain (Neuman 49: Van Gelder 100) 88.568 80.000 80,000 (8,568). (63,792,000) 100% NARROWS MILLET. JEAN-FRANcOl Sleeping Nude 283.075 275.000 275,000 (8.075) (63,800.075) 100% NARROWS VON MENZEL. ADOLPH Christmas Eve 108.000 100.000 100,000 (8,000). (63,808.075) 100% NARROWS ,•MUNCH, EDVARD Eifursucht (grossa Fassung) (S. 58; W.69) 47.500 40.000 40,000 (7,500). (63,816575) (381.306) 100% NARROWS BALDUNG. HANS Group of Seven Horses (Bartsch 56; Hollstein 238: 186.821 180.000 180,000 (6,821) (63,622.396) 100% NARROWS ROSSETTI, DANTE GABIStudies for the Head of the Farmer in 'Found 31.427 25.000 25,000 (6,427) /63,828.823) 100% NARROWS RANSON. PAUL ELIE Jeune femme A sa toilette 18.000 12.500 12,500 (5,500) (63,834.323) 100% NARROWS BARYE. ANTOINE-LOUIECheval Turc 30.000 25.000 25,000 - (5,000) (63,839.323) 100% NARROWS BONNARD. PIERRE Nu A la baignoire 55.000 50.000 50,000 (5,000): (63,844.323) 100% NARROWS BRESDIN, RODOLPHE Paysan au pied dun arbre 64.950 60,000 60,000 (4,950), (63,849,273) 100% NARROWS GORKY, ARSHILE Study for 'Blue Figure in Chair' (Study after Picasso) 64.950 60.000 60,000 (4,950). (63,854223) 100% NARROWS GORKY, ARSHILE Study for 'Blue Figure in Chair' (Study after Picasso) 64.950 60.000 60,000 (4,950) (63,859.173) 100% NARROWS FRAGONARD. JEAN-HO The Rearing (La Lecture) 654.913 850.000 650,000 (4,913). (63,864.085), 100% NARROWS ERNST, AFTER MAX The Ocean (S./L. A3) 5.400 500 500 (4,900) (63,868.985) 100% NARROWS BAKST. LEON Costume Design For A Young Hindu Prince In Le Di 33.983 1 30.000 30,000 - 3,983). (63.872.968) 100% NARROWS BAKST. LEON Costume Design For The Priest Soma From Le Diet 33.983 30.000 30,000 (3,983) (63,876.951) 100% NARROWS KURTEN. STEFAN Northam Sky (Everybody's Happy Nowadays) 15.938 12.000 12,000 (3,938) 63,880.888) 100% NARROWS CAVALLON, GIORGIO Untitled 7.794 1 4.000 4,000 (3,794). (63,884.682) 100% NARROWS CAVALLON, GIORGIO Untitled 7.794 4.000 4,000 (3,794). (63,888476). 100% NARROWS CAVALLON, GIORGIO Untitled 7.794 4.000 4,000 (3,794) (63,892270) 100% NARROWS BERNINL GIAN LORENZ Portrait of Ottaviano Castel 253.679 1 250.000 250,000 (3,679). 43,895,949) 100% NARROWS ROMANO. GUILO (GUIL(Satyr Crowned with Vine L